Accounting Formulas
What is the formula for Assets?
Assets = Liabilities + Equity
What is the function to add multiple cells? (not the + sign)
=SUM
What does RMM stand for?
Risk of Material Misstatement
What is the restaurant right across Walnut from our Lobby?
Pickleman's
What does the "A" in CLEARR mean?
Agility
What is the formula for Debt to Total Assets
Total Debt / Total Assets
What is the shortcut to hide a Column?
Ctrl 0
What is the Individual Income Tax Return Form?
Form 1040
What is the name of the Conference room with just a couch in it?
Wildcat Room
How many independence trainings did the Interns have to do for Orientation?
Two
What is the formula for the Debt to Equity?
Total Debt / Total Shareholder's Equity
What is the function called that searches for a specific value in a column?
=VLOOKUP
What is the Audit Assertion that starts with "E"
Existence
How many KC Interns are there? (Audit, Tax, SAAS)
Nine
How long is the Summer Internship?
Eight Weeks
What is the formula for Current Ratio?
Current Assets / Current Liabilities
What is the shortcut to auto sum all cells above?
Alt =
Which audit events occur to subsequent to the balance sheet date, BUT prior to the auditor's report date?
Subsequent Events
How many different slots/options are there in the Vending Machine?
Thirty-Five
How many GT offices are in the USA?
48
What is the formula for Net Profit Margin on Sales
Net Income / Net Sales
What function extrapolates characters from cells?
=Left or =Right
True or False? Fees paid to chiropractors may be deducted as medical expenses if it is medically necessary.
True!
How far is the drive (on average) from the Office to Raymore, MO? In Minutes
45mins
How many states does GT have offices in?