CPA Exam
Financial Statements
Liabilities
Equity
CBIZ
100

Number of academic credits needed for CPA licensure in Massachusetts

What is 150?

100

Sales revenue less cost of goods sold

What is gross margin (gross profit)?

100

Number of times a year a company is able to pay its accounts payable

What is accounts payable turnover?

100

Number of shares that stockholders actually own

What is outstanding shares?

100

Number of CBIZ employees

What is 10,000+?

200
Minimum passing score for each CPA Exam section

What is 75?

200

Requires publicly-held companies to file audited financial statements

What is the Securities & Exchange Act of 1934?

200

An expense that has been incurred but not yet paid

What is an accrued liability?

200

A company's own stock that it has bought back

What is treasury stock?

200

Location of CBIZ's headquarters

Cleveland, OH

300

Name any four CPA sections

What is AUD, FAR, REG, BAR, ISC, TCP?

300

Statement measuring operating performance

What is an income statement?

300

This bond matures at different points in time

What is a serial bond?

300

The constitution for governing the company

What is the bylaws?

300

Number of CBIZ offices across the US

160+
400

CBIZ's CPA exam resource partner

Becker

400

Statement as of one specific date

What is a balance sheet?

400

Results when a bond is issued for more than its par value

What is a bond premium?

400

Amount of stockholders' equity the stockholders have contributed

What is paid-in capital?

400
The two main business units that make up CBIZ

Financial Services and Benefits & Insurance

500

Number of months you have to pass all 4 sections of the CPA exam from your first test date

What is 30 months?
500

Can use either indirect method or direct method

What is the statement of cash flows?

500

Proportion of total liabilities to total assets

What is the debt ratio?

500

Basic form of capital stock

What is common stock?

500

CBIZ's Four Employee Resource Groups

1. CBIZ BIPOC

2. CBIZ Pride

3. CBIZ Women's Advantage

4. CBIZ Young Professionals