Keeping control
What is an accountant?
An individual who is specialized in accounting.
Who decides how to spend the businesses money?
The Managers
Who in this class has the Shortest Last Name?
KENT HA
What is the definition of Dividends.
A sum of money paid to an inventor or a stockholder as earnings on an investment.
Whats the rule in the hall at WHS
Why is Accounting so important.
Because accounting manages all the amount of money that the company brings in.
What is accounting information?
The financial statements generated through the process of book-keeping and accounting
What time do we leave school?
3:20 PM
What is the definition of Income.
Money received by a business or an individual from outside sources.
When is the last day of school?
June 7th
What is Net Worth
The total value of a company.
What do managers use to decide if there is enough money available to to develop more advertising?
They use managerial accounting information
What is Mrs Stoddards full name?
Diane Stoddard
The definition of Liabilities.
Debts the business owns to another company or people
What grade do you have to have to be exempt from the teacher made exams and less than how many absences?
90 or higher, 5 absences or less
How would you keep the company in great shape for a long period of time.
You would want to plan out the future of the company out.
Whats the name for a type of accounting that involves reporting financial data to internal users?
Its called Managerial Accounting
What color is Miss Stoddard's curtains?
Blue
Definition of Income Statement.
A financial summary that shows how much money the businesses have made or has lost; also called the profit- and- loss statement.
How many credits do you need to graduate from Washington High School.
22
How does having great records affect the company.
Have great records comes with able to expand the business and also being able to increase the staff and buy more things for the company.
What is valuable to people and groups both inside and outside businesses?
Accounting information.
What does the quote in the back of the room say?
I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.
Acquisition Of Funds definition.
Finance activity involves making decisions about financing.
Where did the phrase "Pam Pack" come from originally.
A box company here in Beaufort county