Revenue transactions: business and its customers
Expense transactions: business and its suppliers - such as resources, people and
capital
net income is also profit (loss): the difference between revenue and expense
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Components of Income Statement
,a bar graph that shows what projects are being worked on and how much has been
completed
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Gantt Chart
Serves the same function as a check; it withdrawals funds from a checking account.
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debit card
long-term assets that are relatively permanent such as land, buildings, and equipment.
i.e. property, plant, equipment
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Fixed Assets
anything people generally accept as payment for goods and services.
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money
,sets a benchmark of just 3.4 defects per million opportunities, detects potential
problems to prevent their occurrence.
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Six sigma quality
a accountant who passes a series of examinations established by the AICPA and
meets the state's requirement for education and experience
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certified public accountant (CPA)
JIT systems keep a minimum of inventory on the premises - and deliver parts, supplies,
and other needs just in time to go on the assembly line
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just-in-time (JIT) inventory control
monies put aside by corporations, nonprofit organizations, or unions to help fund
their members' financial needs when they retire. contributions are made by
employees, employers, or both
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, pension funds
the monetary value of what a firm received for goods sold, services rendered, and
other payments (such as rents received, money paid to the firm for use of its patients,
interest earned, etc)
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Revenue
A given amount of unsecured short-term funds a bank will lend to a business,
provided the funds are readily available.
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line of credit
the physical arrangement of resources, including people, to most efficiently product
good and provide services for customers.
-depends greatly on the processes that are to be performed
Give this one a try later!
Facility layout
Expense transactions: business and its suppliers - such as resources, people and
capital
net income is also profit (loss): the difference between revenue and expense
Give this one a try later!
Components of Income Statement
,a bar graph that shows what projects are being worked on and how much has been
completed
Give this one a try later!
Gantt Chart
Serves the same function as a check; it withdrawals funds from a checking account.
Give this one a try later!
debit card
long-term assets that are relatively permanent such as land, buildings, and equipment.
i.e. property, plant, equipment
Give this one a try later!
Fixed Assets
anything people generally accept as payment for goods and services.
Give this one a try later!
money
,sets a benchmark of just 3.4 defects per million opportunities, detects potential
problems to prevent their occurrence.
Give this one a try later!
Six sigma quality
a accountant who passes a series of examinations established by the AICPA and
meets the state's requirement for education and experience
Give this one a try later!
certified public accountant (CPA)
JIT systems keep a minimum of inventory on the premises - and deliver parts, supplies,
and other needs just in time to go on the assembly line
Give this one a try later!
just-in-time (JIT) inventory control
monies put aside by corporations, nonprofit organizations, or unions to help fund
their members' financial needs when they retire. contributions are made by
employees, employers, or both
Give this one a try later!
, pension funds
the monetary value of what a firm received for goods sold, services rendered, and
other payments (such as rents received, money paid to the firm for use of its patients,
interest earned, etc)
Give this one a try later!
Revenue
A given amount of unsecured short-term funds a bank will lend to a business,
provided the funds are readily available.
Give this one a try later!
line of credit
the physical arrangement of resources, including people, to most efficiently product
good and provide services for customers.
-depends greatly on the processes that are to be performed
Give this one a try later!
Facility layout
