a listing of a company's accounts and their corresponding numbers
What is a chart of accounts?
100
Branch of economics that studies the overall working of a national economy
What is macroeconomics?
100
Product, Price, Place and Promotion
What are the 4 P's of marketing?
100
A loan to purchase a property. The property is used as collateral.
What is a mortgage?
100
assets available for use in the production of further assets
What is capital?
200
The normal balance for an expense account
What is Debit?
200
The father of modern economics
Who is Adam Smith?
200
strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture
What is SWOT analysis?
200
The percentage of a sum of money charged for its use
What is interest rate?
200
questions of moral right and wrong arising in the context of business practice or theory
What are business ethics?
300
Transferring the information from the General Journal to the General Ledger
What is posting?
300
In this process, consumers are given money to spend freely on a limited range of goods and services.
What is allocation of resources?
300
The process of planning and executing the conception, pricing, promotion, and distribution of goods, services, and ideas to create exchanges that satisfy individual and organization objectives.
What is marketing?
300
Allowed under the tax law of the United States, this type of investment account is used for its tax benefits.
What is a Roth IRA?
300
describes the rationale of how an organization creates, delivers, and captures value
What is business model?
400
This type of balance sheet makes distinctions between current and capital assets
What is classified?
400
This bureau is responsible for reporting the unemployment rate?
What is the Bureau of Labor Statistics?
400
A formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.
What is a business plan?
400
payments made by a corporation to its shareholder members.
What is a dividend?
400
A tax-exempt, nonprofit corporation or association, IRS classification.
What is 501(c)?
500
Form of accounting states that transactions are to be recorded in the period that they occur
What is accural basis?
500
An economic model of price determination in a market.
What is supply and demand?
500
A systematic approach to the gathering, consolidation, and processing of consumer data
What is database marketing?
500
developing formal plans for future activities, which often serve as a basis for evaluating actual performance
What is budgeting?
500
Narrative descriptions of policies, procedures, or principles within an organization.