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FP1 3.01 Terms Questions and Answers 100% Correct

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Exam of 1 pages for the course FP1 at FP1 (FP1 3.01 Terms)

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FP1 3.01 Terms

Annual Report – answer A document outlining the financial status of a business.

SEC Filings - answerA company's' registration statements, formal and periodic reports
and other forms that are provided to the U.S. Securities and Exchange Commission
(SEC).

Financial Statements - answer Summaries of accounting information; usually the
balance sheet, income statement, and cash flow statement.

Balance Sheets - answerA financial statement that captures the financial condition of
the business at that particular moment.

Income Statements - answerA summary of a business's income and expenses over a
period of time; also known as a profit-and-loss statement.

Cash Flow Statements - answerA financial summary that states how much money has
flowed into and out of a business.

Stockholders' Equity - answerAssets minus liabilities; also known as shareholders'
equity, book value, and net worth; sometimes referred to as equity.

(SEC) Securities and Exchange Commission - answer Independent regulatory agency
responsible for protecting investors, maintaining fair and orderly function of the
securities markets, and facilitating capital formation.

(EDGAR) Electronic Data Gathering and Retrieval - answer Section of the SEC web-site
in which all of the mandatory filings are housed

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