Accounting focuses on providing internal users with useful financial data to help management make decisions.
Managerial Accounting
A type of equity share that does not allow voting rights to its holders, but whose dividends are paid out first.
Preferred Shares
A debt investment in which money is loaned out by an investor to either a government or corporation for a predefined period of time with either a fixed or variable interest rate.
Bond
The universal donor blood type.
O-negative
A statement of all debits and credits in a double-entry account book used to find certain errors in the recording of transactions.
Trial Balance
Spreading one's capital accross mulitple investments.
Diversification
A collective investment, made up of a pool of money from many investors that is invested in securities.
Mutual Fund
The highest-grossing movie of all time.
Avengers: Endgame
The accounting of a business must be kept separate from the affairs of its owner(s).
Economic Entity Assumption
The way a corporation finances its assets.
Accountants, financial planners, fund managers, executors, and bankers when managing the assets of another party.
Fiduciaries
Yuri Gagarin
Ratios that measure how well a business will be able to survive in the long term, and are useful to long term investors and creditors.
Solvency Ratios
The Time Value of Money
The process of examining a company's financial statements, financial and econmic data, and qualitative and quantitative factors to measure the intrinsic value of its securities.
Fundamental Analysis
The reason why popcorn pops.
Inside each kernel of popcorn is a tiny droplet of water surrounded by a hard shell called a hull. As the popcorn is heated, the water turns into steam, which builds pressure inside the kernel.
The second last step in the Accounting Cycle.
Closing Entries
A valuation method that uses the present value of an asset/company's future cash flow projections to determine the fair value of the investment.
Discounted Cash Flow Analysis
A federal agency of the United States which oversees regulation of the securities industry.
Securities and Exchange Commission
The weight of a baby blue whale at birth.
Up to 3 tons