Accounting 101
A company’s own stock that it has bought back
What is treasury stock?
The illegal nonpayment or underpayment of tax
What is tax evasion?
People who use the goods or services provided by businesses
What is a consumer?
“Freaky fast delivery”
What is Jimmy John’s slogan?
Does not look to make a profit. Extra money is used to improve services
What is not for profit?
The filing deadline for U.S. federal income tax returns for individuals & also known as the best day ever at Doeren Mayhew
What is the April 15th deadline?
Any location where producers and consumers come together
What is a marketplace?
The price of Boardwalk in the game Monopoly
$400
The actor who played Christian Wolff in the movie “The Accountant”
Who is Ben Affleck?
This ancient civilization revered the tax professional as the noblest man in society
What is Greece?
In the show The Office, name Steve Carell’s character who is the Regional Manager of Dunder Mifflin
Who is Michael Scott?
The first name of the Detroit Lions Quarterback
Who is John?
The acronym International Financial Reporting Standards
What is IFRS?
The IRS is part of this branch of government
What is the executive branch?
Resources that last for a long period of time and require investment on the part of the business
What is capital?
The state abbreviation for Missouri
What is MO?
The most liquid asset of all
What is cash?
Name a state that does not have an income tax
Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.
As the price of a good or service increases, the “blank” will drop
What is demand?
The most popular street name in the US
What is Second Street?