In the lecture
What are the two basis in accounting?
Cash
Accrual
A discussion with the aim of resolving a difference of opinion, or dispute, or to settle the terms.
Negotiation
Refers to the period of time from the beginning of the current calendar year (or fiscal year) up to the current date.
Year to date
What does the term business "COD" stand for?
Cash on Delivery.
Who is the Chancellor of Keiser University
Dr. Keiser (Arthur)
Which country is known for inventing French fries?
Belgium
This principle requires that revenue be recognized in the period it occurs.
Revenue recognition
The total assets of an individual, company, or entity minus its total liabilities.
Net Assets
A highly popular video hosting website that allows users to submit, view, and rate videos.
YouTube
What does the letters "NDA" stand for?
What year was Keiser the NAIA National Football Champions?
2023
What is the longest river in the world?
The Nile
Adjusting entry for prepaid insurance.
Debit? Credit?
Debit - Insurance expense
Credit - Prepaid Insurance
Often called the bottom line, net profit, or net earnings
Net Income
A stock that frequently moves up and down in price.
Yo-Yo stock
In what state is Wall Street located?
NY
How many acres is the Flagship campus?
100
Which country invented ice cream?
China
Allocating an asset's cost over its useful life is called?
Depreciation
Gross profit minus costs.
Net Profit
Continuous marketing activities throughout the year as opposed to seasonal or periodic marketing campaigns.
Year-round marketing
What famous toy company is known for its plastic building blocks?
Lego
What is campus president Dr. Vonk's first name?
Gary
What is your professor's middle name?
Hernandez
What is the Formula for straight-line depreciation?
Asset cost - salvage value/ useful life
The total value of a business in financial terms.
Net Worth
Relating to the end of a financial or fiscal (tax) year. The end of a fiscal year is a standard period used for accounting purposes in businesses.
Year-end
Outside of its home city, the St. Louis Bread Company is more popularly known as what chain restaurant?
Panera
This business degree major at Keiser can lead to careers in marketing, event management, and coaching.
Sport Management
What food “D”elivery service was founded in 2013 in San Francisco by Tony Xu? It is the parent company of Caviar.
Door Dash