Financial managment Study guides, Study notes & Summaries

WGU C214 Financial Managment Topic 3 Statement of Cash Flows (SCF) Cash from Operation (CFO) Cash from investing (CFI) Cash from financing (CFF) - cash flow reveals the true health of a company; - explains cash in & cash out from operations (CFO), investing & financing for a given year. CFO + CFI + CFF = change in cash= ending cash - beginning cash -line items on the cash flow statement serve to show why & where the increase occurred & what type of activity (i.e., operating, inve...

H&R Block Budget Challenge and Chapter 2 Test Already Passed Net Pay Amount of income left after taxes and deductions have been taken out. Gross Pay the total amount of an employee's earnings before deductions are taken out Deductible Amount you must pay before you begin receiving any benefits from your insurance company Prorate When you are charged only the amount you will use. For example, when moving into an apartment, you would not pay the full month's rent if you are moving...

WGU C214 Financial Managment Topic 2 Accounting is backward-looking and risk free Finance is forward-looking and involes massive uncertainty Income Statement - show results of operation over time; - revenues - expenses = net income - Think of the income statement as a video camera tracking performance for a period. - usually regarded as the most difficult to analyze and interpret. Balance Sheet - a "snap shot" of a firm's assests & financing at a paticular point in time - view...

FITSP-MANAGER EXAM QUESTIONS AND ANSWERS this legislation requires Federal agencies to develop document and implement an agency wide information security program - Answer ️️ -Clinger-Cohen What are the six steps of the RMF - Answer ️️ -Categorize Select Implement Assess Authorize Monitor What is the term used to evaluate operational information systems against the RMF, to determine the security controls in place and the requirements to mitigate risk at a acceptable level? - An...

Healthcare Finance - CORRECT ANSWER-is the practice of finance, including both accounting and financial management, within health services (provider) organizations Accounting - CORRECT ANSWER-concerns the measurement, in financial (dollar) terms, of events that reflect the resources, operations, and financing of an organization Financial managment - CORRECT ANSWER-provides the theory, concepts, and tools necessary to help managers make better financial decisions Business characteristics ...

This is a summary of the content given in the Accounting part of the course Financial Management. It's based on the PowerPoints and class notes. I passed this exam first try.

CFCI Study Guide 2024 with Complete Solutions Fraud - Answer- "Any illegal acts characterized by deceit, concealment, or violation of trust. These acts are not dependent upon the perpetrated by individuals and organizations to obtain money, property, or services; to avoid payment or loss of services; or to secure personal or business ad-vantage." Main types of fraud - Answer- Internal Fraud and External Fraud Internal Fraud - Answer- Activities that may be criminal, committed within an ...

Virginia Life, Annuity, and Health Part One Latest Version Already Passed Loss decline in value of a person or thing Risk uncertainty regarding the occurrence of a loss Pure risk possibility of loss or no loss (INSURABLE) Speculative risk possibility of loss, but also chance for profit (NOT INSURABLE) Peril anything that gives rise to a loss - direct cause of financial loss (when a house burns, fire is the peril) Hazard increases the likelihood or severity of a peril Metho...

NASCLA Business Law And Managment Exam Sc Final Sole Proprietorship - CORRECT ANSWER-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - CORRECT ANSWER-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - CORRECT ANSWER-Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax tr...

Assume the financial risk one's self. Self Insure A condition where the chance, likelihood, probability or potential loss exists. Risk A form changing the provisions of a policy. Endorsement An accepting of an insurance contract takes place when the insurance company agrees to issue insurance. Acceptance Specifies that the insured may not transfer rights of ownership or interest in an insurance policy to another party without the insurer's written consent. Assi...