Thompson12

way of storing information from the computer system i.e, DVD, hard drive operating systems enable users to communicate with computer systems general tasks of operating systems controlling the operation of input, output and backing storage devices supervising the load, running and storage of applications programs dealing with error that occur in applications program maintaining security of the whole computer system maintaining a computer log allowing communications between user and the c...

Software Is a database manipulation program an example of hardware or software Software Is a word-processing application an example of hardware or software. CPU, ROM/RAM, secondary storage, Input devices, output devices Five main components of a computer (In order of usefulness for the computer) CLI - Command line interface GUI - Graphics user interface List the types of operating systems. Personal computer (PC), mainframe, laptop, palmtop, personal digital assistant. List the five dif...

The analysis and process of choosing securities and other assets to purchase. Financial Management The process for and the analysis of making financial decisions in the business context. Financial Institutions and Markets The organizations that facilitate the flow of capital between investors and companies. International Finance The use of finance theory in a global business environment. Risk A potential future negative impact to value and/or cash flows. It is often discussed in terms o...

To accommodate recent regulation changes, a brokerage firm must implement new financial reporting activities. What positive action can the firm take to help its employees adapt to the change? A. Hire additional employees who are knowledgeable about the regulations B. Survey the employees to get their opinions about the regulatory changes C. Revise the firm's vision statement to include the importance of following regulations D. Educate and train the employees about the regulatory changes ...

Profession or field of employment for which one goes to school for Certificate of Deposit A savings certificate that gains interest and has set time before you can with drawyour money charity giving resourcesor volunteeringtim eit help those in need comparison shopping finding out weather or not what you are about to buycan be found for a better priceor in better shape at another store controlling risks stuff you do to make risks less dangerous than before or not dangerous at all Cred...

Accrual basis of accounting Income is recognized when earned rather than when cash is received, and expenses are recognized as incurred regardless of whether payment is made. Accumulated depreciation Total depreciation taken to date on a depreciable asset. Allowable cost Cost related to resident care and certain indirect cost allowed by Medicaid. Amortization The allocation of the original cost of a non-current intangible asset over a period of time specified by the Accounting Principle...

laws to control monopoly power and to preserve and promote competition Appraisal a document appraising the value of something (as for insurance or taxation) Appreciation an increase in price or value Arbitrage The process of buying a good in one market at a low price and selling it in another market at a higher price Arbitration (law) the hearing and determination of a dispute by an impartial referee agreed to by both parties (often used to settle disputes between labor and management)...

The lower the ratio, the better as it indicates efficiency in the individual expenses Accounts receivable turnover = Sales ÷ Accounts Receivable x 100 High turnover ratios indicate that the business has efficient debt collection. The bigger the number, the worse it is Liquidity Ability to pay short term liabilities The amount of current assests should be higher than its debts Current Ratio = Current Assets ÷ Current Liabilities 2:1 is considered in a good, stable financial position So...

sets overall financial strategy treasurer responsible for financing, cash management, and relationship with banks and other financial institutions that hold the firms securities. controller responsible for budgeting, accounting, and taxes. Ensures money is used efficiently Main goal of shareholders Maximize the current market value of shareholders' investment in the firm. opportunity cost of capital minimum acceptable rate of return on capital investment; aka hurdle rate agency proble...

Personal financial success is primarily the result of: managing your money behavior Why does income alone not determine wealth? How much money a person makes does not dictate his or her spending and saving behavior What is a consequence of spending more than you make? 1. missed opportunity to save and invest 2. a cycle of debt 3. stress The credit industry has not changed much since 1917. False When it comes to managing money, success is about ________% knowledge and ____________% be...