General
Accounting
Tax
Finances
Client Relationships
100

What is a bank account for everyday expenses?

Cuenta corriente

100

What is a resource with economic value that a corporation owns or controls with the expectation that it will provide a future benefit?

Activos

100

What reduces taxable income and thereby reduce the tax liability?

Deducible/Deduccion de impuestos

100

What is the circulating medium of exchange as defined by a government that typically consists of coins?

Dinero

100

What is a phrase said at farewell that does not necessarily literally mean that the speaker will see the listener again?

Nos vemos pronto/Hasta pront

200

What is the economic costs a business incurs through its operations to earn revenue?

Gasto

200

What is a company's legal financial debts or obligations that arise during the course of business operations?

Pasivos

200

What is the amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year?

Ingreso gravado/Renta Gravada

200

What is the charge for the privilege of borrowing money, typically expressed as annual percentage rate?

Intereses

200

What is a polite way of greeting someone who you are meeting for the first time?

Placer conocerle(lo)(la)/Encantado de conocerle

300

What is the tool used to show the amount of cash and cash-equivalents being transferred into and out of a business?

Flujo de caja

300

What represents a company's financial statements with debit and credit account records validated by a trial balance?

Libro Mayor

300

What is a loss taken in a period where a company's allowable tax deductions are greater than its taxable income?

Perdida fiscal

300

What is the price of a nation's currency in terms of another currency?

Tasa de cambio/Tipo de cambio

300

What is an expression wishing visitors safety upon arrival to their destination?

Buen viaje

400

What is a small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services?

Chequera

400

What is the amount of NET money in a financial repository, such as a savings or checking account, at any given moment?

Saldo

400

What is the set of rules or regulations designed with the intention to limit international trade?

Aduanas

400

What is a small amount of cash on hand used for paying expenses too small to merit writing a check?

Caja menor

400

What is the term used to check on the current status of an existing situation or a situation that is underway?

Seguimiento

500

What is a three-month period on a financial calendar that acts as a basis for the reporting of earnings?

Trimestral

500

What is the sum of all compensation a business must pay to its employees for a set period of time or on a given date?

Nomina/Salario

500

What is an amount of money that taxpayers can subtract from taxes owed to their government? What reduces the actual amount of tax owed, not the amount of taxable income?

Descuento tributario

500

What is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller?

Cajero automático

500

What is a negotiated and typically legally binding arrangement between parties as to a course of action?

Contrato