Financial
What is a stock?
Share of ownership in a company
What is accounting?
Accounting is the systematic process of recording, classifying, summarizing, and interpreting financial information to provide insights into the financial health and performance of an organization.
The 5 types of financial ratios.
What is Liquidity, Leverage, Activity, Profitability, and Growth
How many steps are in the IFE Evaluation?
5
It is considered the foundation of management. However, it is the task that managers most commonly neglect.
What is planning
Which company had the second highest revenue? (shown in presentation)
Apple
What is the accounting equation?
Assets = liability + stockholders equity
Dividends Per Share is an example of this kind of ratio.
What is Growth ratio?
What is IFE?
IFE (Internal Factor Evaluation) is an internal assessment conducted by managers to collect vital information.
Successful organizations revise these two fundamental statements to guide their future rather react to external forces.
What is mission and values
What are the three Finance and Accounting decisions.
Investment Decisions
Financing Decisions
Dividend Decisions
What are the three financial statements that was talked about?
Statement of Cash Flows, Balance Sheet, and Income statement
Current assets / Current liabilities
What is the formula for current ratio? from the leverage type of financial ratio
What does the AQCD test criteria consist of?
Actionable, Quantitative, Comparative, and Divisional
These are the activities of the motivation function of management.
What are developing leaders, managing groups, communicating effectively, and managing organizational change?
What is another word for investment decision?
Capital Budegting
What is the financial condition?
The single-best measure of a firms competitive position and overall attractiveness to investors.
Inventory Turnover and Fixed Assets Turnover are examples of this kind of ratio.
High quality factors must meet at least _ or _ to satisfy the AQCD test criteria.
The three sequential activities of the organizing function.
What is breaking down tasks into jobs, combining jobs to form departments, and delegating authority?
What is the myth related to paying dividends?
A myth exists that paying dividends will result in a higher stock price.
What is Auditing?
A review of a company’s financial statements to ensure their reports are accurate and free from error and misstatements
Three examples of leverage ratios.
What is any of the ratios below:
Debt-to-Total Assets: Total debt/Total Assets
Debt-to-Equity: Total debt/total stockholders’ equity
Long-Term Debt-to-Equity: Long-term debt/total stockholders’ equity
Times-Interest-Earned: Profits before interest + taxes/total interest charges
What two things does a total weighted score above and below 2.5 indicate?
Above = Effective strategies
Below = Change is needed
The stages of the strategic management process that correlate with each function.
What is
1. planning - formulation
2. organizing - implementation
3. motivating - implementation
4. controlling - evaluating