Person who manages all of a firm’s accounting activities (chief accounting officer).
What is CONTROLLER?
100
Measure of the money supply that includes only the most liquid forms of money.
What is M-1?
100
Government-issued paper money and metal coins.
What is CURRENCY?
100
Portion of ownership of a corporation.
What is STOCK?
200
Assistance provided by CPAs for tax preparation and tax planning.
What is TAX SERVICE?
200
The practice of accounting for legal purposes.
What is FORENSIC ACCOUNTING?
200
Nonprofit, cooperative financial institution owned and run by its members, usually employees of a particular organization.
What is CREDIT UNION?
200
Management by a bank of an estate, investment, or other assets on behalf of an individual.
What is TRUST SERVICE?
200
Current price of a share of stock in the stock market.
What is MARKET VALUE?
300
Any economic resource expected to benefit a firm or an individual who owns it.
What is ASSET?
300
Bank funds that have a fixed term of time to maturity and cannot be withdrawn earlier or transferred by check.
What is TIME DEPOSITS?
300
Communication of fund-transfer information over wire, cable, or microwave.
What is ELECTRONIC FUNDS TRANSFER?
300
Payment to shareholders, on a per-share basis, out of the company’s earnings.
What is DIVIDEND?
300
Profit realized from the increased value of an investment.
What is CAPITAL GAIN?
400
Amount paid for an existing business above the value of its other assets.
What is GOODWILL?
400
Interest rate available to a bank’s most creditworthy customers.
What is PRIME RATE?
400
Interest rate at which member banks can borrow money from the Fed.
What is DISCOUNT RATE?
400
Markets in which stocks and bonds are sold.
What is SECURITIES MARKETS?
400
Fee paid to a lender for the use of borrowed funds; like a rental fee.
What is INTEREST?
500
Enactment of federal regulations to restore public trust in accounting practices by imposing new requirements on financial activities in publicly traded corporations.
What is SARBANES-OXLEY ACT?
500
Funds that flow into a business from the sale of goods or services.
What is REVENUES?
500
Percentage of its deposits that a bank must hold in cash or on deposit with the Fed.
What is RESERVE REQUIREMENT?
500
Market index of U.S. equities based on the performance of 500 large cap stocks representing various sectors of the overall equities market.
What is S&P 500?
500
Financial institution that specializes in issuing and reselling new securities.