Funeral Arts National Board Exam Questions
With Correct Answers
Register of all the general ledger accounts - Will Show profits and losses of a business
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Difference between currents assets and liabilities. When current assets exceed
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liabilities - Working Capital
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Must include what three disclosures - Embalming, Cash Advance, & Legal
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Requirements
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Uniform commercial code has 4 different kinds of paper - Promissory Note, Draft,
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Checks and certificates of deposit
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What kind of law enacts statutory law - Administrative
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Period of time that is covered by an income statement - Fiscal Period
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W-4 Form - Employees withholding allowance
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Agency Creation: - Express, Operation of law, Ratification and implied authority
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Merchandise Value Ratio= - Wholesale $ / Total $
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Metal Alloys: - Steel, Iron and Carbon Money
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paid for the use of money is - Interest
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Total assets exceed the total liabilities - Capital
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Each function and item of merchandise is priced separately is: - Itemized pricing
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Current Ratio= - Assets/Liabilities
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Reduction of a legacy - Abatement | | | | |
Accounts receivable turnover= - (Beginning accounts revocable-ending accounts
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,revocable) / 2
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, Accounts receivable - Pay at a later date | | | | | | |
Inventory turnover= - Cost of goods sold/inventory Statement
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of Operations is also known as - Income Statement
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Statement of Operations (Income Statement) = - Financial profitability of a company
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over a period of time
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Outside dimensions of a casket - 84 x 29 inches Wood
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Casket dimensions - 75x22 inches
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Wood Casket Height - 16-22 inches
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Metal Casket Dimensions - 78 x 23 inches Flat
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Marker Dimensions - 24 x 14 inches
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Slant Marker height and angle - 16 - 18 inches; 45 degree angle
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Vault dimensions - 86 x 30 inches
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Infant Casket dimensions - increments of 6 inches in length, 9 in height Wood
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Casket Interior - 75 x 22 inches
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Metal Casket Height - 16-24 inches
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Adjustment Process - Mourning
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Experience/Event - Bereavement
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Customs - Social behavior
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One who accepts personal property - Bailee
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With Correct Answers
Register of all the general ledger accounts - Will Show profits and losses of a business
| | | | | | | | | | | | | | |
Difference between currents assets and liabilities. When current assets exceed
| | | | | | | | |
liabilities - Working Capital
| | | |
Must include what three disclosures - Embalming, Cash Advance, & Legal
| | | | | | | | | |
Requirements
|
Uniform commercial code has 4 different kinds of paper - Promissory Note, Draft,
| | | | | | | | | | | |
Checks and certificates of deposit
| | | | |
What kind of law enacts statutory law - Administrative
| | | | | | | |
Period of time that is covered by an income statement - Fiscal Period
| | | | | | | | | | | |
W-4 Form - Employees withholding allowance
| | | | | |
Agency Creation: - Express, Operation of law, Ratification and implied authority
| | | | | | | | | |
Merchandise Value Ratio= - Wholesale $ / Total $
| | | | | | | | |
Metal Alloys: - Steel, Iron and Carbon Money
| | | | | | |
paid for the use of money is - Interest
| | | | | | | | |
Total assets exceed the total liabilities - Capital
| | | | | | |
Each function and item of merchandise is priced separately is: - Itemized pricing
| | | | | | | | | | | |
Current Ratio= - Assets/Liabilities
| | | |
Reduction of a legacy - Abatement | | | | |
Accounts receivable turnover= - (Beginning accounts revocable-ending accounts
| | | | | | |
,revocable) / 2
| | |
, Accounts receivable - Pay at a later date | | | | | | |
Inventory turnover= - Cost of goods sold/inventory Statement
| | | | | | |
of Operations is also known as - Income Statement
| | | | | | | | |
Statement of Operations (Income Statement) = - Financial profitability of a company
| | | | | | | | | | |
over a period of time
| | | | |
Outside dimensions of a casket - 84 x 29 inches Wood
| | | | | | | | | |
Casket dimensions - 75x22 inches
| | | | |
Wood Casket Height - 16-22 inches
| | | | |
Metal Casket Dimensions - 78 x 23 inches Flat
| | | | | | | |
Marker Dimensions - 24 x 14 inches
| | | | | | |
Slant Marker height and angle - 16 - 18 inches; 45 degree angle
| | | | | | | | | | | |
Vault dimensions - 86 x 30 inches
| | | | | | |
Infant Casket dimensions - increments of 6 inches in length, 9 in height Wood
| | | | | | | | | | | | |
Casket Interior - 75 x 22 inches
| | | | | | |
Metal Casket Height - 16-24 inches
| | | | |
Adjustment Process - Mourning
| | | |
Experience/Event - Bereavement
| | |
Customs - Social behavior
| | | |
One who accepts personal property - Bailee
| | | | | |
