solving acronyms
Definitions
Fast Facts
100

IBT

Intro to Business tech

100

What is the definition of budget

an estimate of income and expenditure for a set period of time.

100

Define accounts receivable

Money owed by customers for goods and services

200

FDIC

 Federal Deposit Insurance Corporation

200

Define a non-profit organization

An organization made to help out a cause with no profit

200

What is an organizational chart

relationships and relative ranks of its parts and positions/jobs

300

Define an entrepreneur.

Someone who takes a risk into making their own business

300

Whats a credit Union

A credit union is a member-owned financial cooperative that provides financial services like savings accounts, loans, and credit cards, similar to banks.

400

Define a logo

A symbol that represents a brand or organization

400

What is an income statement

A profit and loss statement

500

define stockholders

By owning shares, stockholders become partial owners of the company.

500

Define Stockholders

By owning shares, stockholders become partial owners of the company.