Accounting
The basic Accounting equation
Assets= Liabilities + Equity
The basic economic problem
What is scarcity
Credit card
What is a consumer debt-accruing payment system?
Risk-return tradeoff
What is the fundamental principle behind all fair investment vehicles?
February 24-25
When is CNLC 2024 held?
A snapshot in a business's financial situation
What is a balance sheet?
Land, entrepreneurship, labor, capital
What are the four types of resources?
American tax-advantaged retirement account
What is a 401(k)
Equity and debt
What are the two types of securities?
AnswerWrite
What is the platform the objective tests are held on?
Depreciation
What accounting method allocates the cost of an asset evenly over its useful life?
A good whose demand decreases as consumer income rises
What is an inferior good?
Most common form of personal bankruptcy
What is Chapter 7 Bankruptcy?
Debt-issuing investment security
What is a bond?
Top 3 competitors in each category
Who qualifies for NLC?
Cash Flow Statement
Which section of the cash flow statement includes activities such as receiving money from customers and paying suppliers?
Policies that influence the money supply via government spending & taxation
What is fiscal policy?
Bureau of Consumer Protection
What is the American governmental organization in charge of protecting consumers from fraudulent business practices?
Security
What is a fungible, negotiable financial instrument that represents some type of financial value?
Location of CNLC in-person events
Where is Hilton Toronto?
Income
Money earned by a company through its regular business operations.
Recession
What is the phase of the economic cycle characterized by high unemployment, low consumer spending, and a general slowdown in economic activity?
American personal tax form to adjust gross income
What is 1040A?
Hedge fund
What is an actively managed pooled investment fund?
Eventbrite
Where should you register before November 30th?