HCAD 375 EXAM 2 | 159 QUESTIONS |
WITH ACCURATE SOLUTIONS!!
1 of 159
Term
List three reasons why it is better to get $10,000 today instead of a
year from now.
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Average annual income/ original scatter graph
investment high low method
, HPPD formula= Hour per 1. Certainty
patient day 2.Inflation
3.Opportunity cost
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know?
2 of 159
Term
Equity investment
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A bank providing a loan Someone purchasing a
to the organization chunk the organization
A customer buying a product An employee receiving a
from the organization salary from the organization
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3 of 159
Definition
this net book value of a fixed asset represents the remaining
underpreciated portion of the fixed asset cost
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, market value scrap value
book value assessed value
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4 of 159
Term
What are key and/or secondary factors to consider in the
Buy vs. Lease decision?
Give this one a try later!
it spreads the useful cost of an asset over a number of years, often
determined by the internal revenue service for tax purposes
1. contracts and contractees
2.your data
3. yourself
4. what you want
5. how to read contracts
1. non-profit vs. for profit: when expenses are deducted,
profit is smaller, so there is tax savings that much be
considered
2. TVM: present value of money
This is a reporting on the cash flow statement that represents
operations, investing and financing. Starts with accrual and ends
with cash method.
, Don't know?
5 of 159
Term
what time frame does the operating statement cover
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This is a diary of time
not a snapshot, this is a This is a report that shows only
summary of record of the current month's
transactions over time transactions
This is a summary of all
financial statements for the This is a forecast of future earnings
year
Don't know?
6 of 159
Term
what does allocating indirect costs help you determine
Give this one a try later!
WITH ACCURATE SOLUTIONS!!
1 of 159
Term
List three reasons why it is better to get $10,000 today instead of a
year from now.
Give this one a try later!
Average annual income/ original scatter graph
investment high low method
, HPPD formula= Hour per 1. Certainty
patient day 2.Inflation
3.Opportunity cost
Don't
know?
2 of 159
Term
Equity investment
Give this one a try later!
A bank providing a loan Someone purchasing a
to the organization chunk the organization
A customer buying a product An employee receiving a
from the organization salary from the organization
Don't know?
3 of 159
Definition
this net book value of a fixed asset represents the remaining
underpreciated portion of the fixed asset cost
Give this one a try later!
, market value scrap value
book value assessed value
Don't know?
4 of 159
Term
What are key and/or secondary factors to consider in the
Buy vs. Lease decision?
Give this one a try later!
it spreads the useful cost of an asset over a number of years, often
determined by the internal revenue service for tax purposes
1. contracts and contractees
2.your data
3. yourself
4. what you want
5. how to read contracts
1. non-profit vs. for profit: when expenses are deducted,
profit is smaller, so there is tax savings that much be
considered
2. TVM: present value of money
This is a reporting on the cash flow statement that represents
operations, investing and financing. Starts with accrual and ends
with cash method.
, Don't know?
5 of 159
Term
what time frame does the operating statement cover
Give this one a try later!
This is a diary of time
not a snapshot, this is a This is a report that shows only
summary of record of the current month's
transactions over time transactions
This is a summary of all
financial statements for the This is a forecast of future earnings
year
Don't know?
6 of 159
Term
what does allocating indirect costs help you determine
Give this one a try later!
