A set of documents that outline the essential financial facts about a new venture.
What is a financial plan.
100
The systematic process of recording and reporting the financial position of a person or organization.
What is accounting
100
Documents that summarize the changes resulting from business transactions that occur during an accounting period.
What are financial statements.
100
An arrangement that allows employees to work at home and communicate with the workplace.
What is telecommuting.
100
The process of learning online.
What is e-learning.
200
Money needed to start a business that is supplied by investors, banks, or owners of a business.
What is start-up capital.
200
Property and other items of value owned by a business.
What are assets.
200
A financial statement that reports on the revenue, expenses, and net income or net loss over an accounting period.
What is an income statement.
200
An artificial, three-dimensional visual world created by a computer.
What is virtual reality
200
Design factors for the workplace that are intended to maximize productivity by minimizing a worker's discomfort.
What is ergonomics.
300
An estimate of a business's financial outlook for each of the next few years.
What is a financial forecast.
300
The total amount of money owed to a business.
What are accounts receivable.
300
A financial statement that reports balances in all assets, liabilities, and owner's equity accounts at the end of an accounting period.
What is a balance sheet.
300
A computer program that can produce a list of documents related to a given topic.
What is a search engine.
400
The type of budget that outlines a business's plan for income and expenses from the time it starts to the estimated time it will take to make a profit.
What is a start-up budget.
400
The present value of an asset less all claims against it.
What is equity.
400
A financial report that shows incoming and outgoing money during an accounting period (often a month, quarter, or year).
What is a statement of cash flows.
400
Bits of information about a computer user that are stored on the computer's hard drive.
What are cookies.
500
A type of budget that outlines the amount expected to be spent and earned over a given period of time, usually six months to a year.
What is an operating budget
500
The set of rules all accountants use.
What is GAAP.
500
If a business buys $4,000 worth of new equipment on credit, which inputs to the accounting equation are affected?
What are Assets and Liabilities. Both up by $4,000.