with correct answers 2026
Accountingvg
Thevsystemvofvrecording,vreporting,vandvsummarizingvpastvfinancialvinformationvandvtransactions
AccountsvReceivablevTurnoverv(ARvTurnover)v-vcorrect-
answersvAnvactivityvratiovfoundvbyvcreditvsalesvdividedvbyvaccountsvreceivable.
creditvsales/accountsvreceivable
ActivityvRatiosvg
Avcategoryvofvratiosvthatvmeasurevhowvwellvavcompanyvusesvitsvassetsvtovgeneratevsalesvorvcash,vs
h owingvthevfirm'svoperationalvefficiencyvandvprofitability.
AdditionalvFundsvNeededv(AFN)vg
Anothervnamevforvthevdiscretionaryvfinancingvneededvorvexternalvfinancingvneeded.vItvrepresentsv
thevadditionalvfinancingvneededvgivenvavfirm'svexpectationsvforvfuturevgrowth.
AffirmativevCovenantsvg
,Avbondvcovenantvthatvdescribesvthingsvthevcompanyvpledgesvitselfvtovdovinvordervtovprotectvbondh
olders.
AgencyvCostsvg
Costsvthatvarevincurredvwhenvmanagementvdoesvnotvactvinvthevbestvinterestvofvshareholders
AgencyvProblemvg
Whenvthevagentv(thevmanagement)vdoesvnotvactvinvthevbestvinterestvofvthevprincipalv(thevowners)
AggressivevAssetsvgCompaniesvorvsecuritiesvwithvbetavgreatervthanv1.
AnnualvPercentagevRatev(APR)vg
Thevannualvinterestvratevthatvisvchargedvforvborrowingvmoneyvorvthatvisvearnedvthroughvinvestme
nt.
Annuityvg
Avstreamvofvcashvflowsvofvanvequalvamountvpaidveveryvconsecutivevperiod.
AnnuityvDuevg
Avseriesvofvequalvpaymentsvmadevatvthevbeginningvofvconsecutivevperiods.
AssetvpricingvgThevprocessvofvvaluingvassets.
AuctionvMarketvg
Avsecondaryvmarketvwithvavphysicalvlocationvandvwherevpricesvarevdeterminedvbyvinvestors'vwillin
gnessvtovpay
, AveragevCollectionvPeriodv(ACP)v-vcorrect-
answersvanvactivityvratiovfoundvbyvthevnumbervofvdaysvinvavYearv(365)vdividedvbyvARvturnover.v
365/ARvturnover
BalancevSheetvForecastingvg
Usingvsalesvgrowthvandvthevprofitvforecastvtovconstructvavprovformavbalancevsheetvtovunderstandvt
hevfuturevimplicationsvofvthevsourcesvandvusesvofvfinances.
BanksvandvCreditvUnionsvg
Receivevdepositsvandvextendvloansvtovindividualsvandvbusinesses.
Benchmarkingvg
Thevprocessvofvcompletingvavfinancialvanalysisvtovcomparevavfirm'svfinancialvperformancevtovthatvo
fvothervsimilarvfirms.
Betavg
Avvariablevthatvdescribesvhowvthevpricevofvavsecurityvvariesvwithvthevmarket.
Bid-askvSpreadvg
Thevdifferencevbetweenvthevbidvandvaskvpricesvthatvcompensatevthevspecialistvforvthevriskvthatvhev
orvshevbearsvforvwillingnessvtovprovidevliquidity.
BoardvofvDirectorsvg
Avgroupvofvpeoplevwhovjointlyvsupervisevthevactivitiesvofvanvorganization.
BondvIndenturevg
Avlegalvcontractvthatvgovernsvthevrelationshipvbetweenvavfirmvandvitsvbondholders.
Bondholdersvg
Avpersonvwhovloansvavcorporationvmoneyvbyvbuyingvdebtvsecurities.