Outflows Study guides, Class notes & Summaries

FIN2603 Exam Pack 2023. The part of finance concerned with design and delivery of advice and financial products to individuals, businesses and the government is called ...  A. managerial finance.  B. financial advice.  C. financial services.  D. financial planning. Answer Key:C Question 2 of 20 1.0 Points What financial securities are likely to be traded on the JSE Limited?  A. Ordinary shares  B. Treasury bills  C. Commercial paper  D. Company bonds...

Trading Comps Modeling Wall Street Prep exam Assets - CORRECT ANSWER-resources a company uses to operate its business includes cash, A/R, PP&E Liabilities - CORRECT ANSWER-represents the company's contractual obligations and includes A/P, debt, accrued expenses Shareholder's equity - CORRECT ANSWER-is the residual the value of the business available to the owners (shareholders) after debts have been paid off Income statement - CORRECT ANSWER-illustrates the profitability of the comp...

Accounts Payable - ANSWER Outstanding business obligations that are owed to others. Accounts Receivable - ANSWER Outstanding obligations owed to the business by others. Cash Flow Statement - ANSWER A picture of all cash inflows and outflows within the business. Gross Profit - ANSWER The percentage of business income before expenses. Just in Time (JIT) - ANSWER A strategy to improve a business return on investment. Net Income/Profit - ANSWER Revenues minus expenses. Net Worth - ...

When it comes to comparing short-term and long-term income with the timeframe when costs and expenses were incurred, it would be best to correct answer: match the inflow and outflow of cash and place both in the same tax period. What is the disadvantage of using the accrual method of accounting? correct answer: this system requires more recordkeeping The ________ summarizes the cash inflows and outflows from operating, investing, and financing activities during a specific time. correct a...

All of the following are calculated based on the employees earnings. The employee pays a portion of each except for ________ which is paid entirely by the employer. correct answer: Federal unemployment tax What is a disadvantage of using the accrual method of accounting? correct answer: This system requires more recordkeeping If a contractor is FUTA liability exceeds ______ , then FUTA taxes are deposited quarterly. correct answer: 500 The Good Contractor Co. needs to find there work...

AP WORLD HISTORY _ Unit 5: International Trade and Foreign Exchange Problem Set #5 1. ( ____/30) Define the term and explain a situation that demonstrates the ‘real world’ application of each of the following. Make sure your example clearly demonstrates your understanding of each concept. a. Trade Deficit and Trade Surplus ( ____/10) b. Current Account and Financial Account ( ____/10) c. Appreciation and Depreciation ( ____/10) 2. ( ____/50) The Balance of Payments (BOP) measures all interna...

HFMA: Healthcare Financial Management Association Exam Guide (2023/ 2024) with Verified Answers 1. revenue budget ~ Answer: lists forecasted and actual revenues of the organization 2. expense budget ~ Answer: outlines the anticipated and actual expenses for a responsibility center 3. What percent of operating expenses comes from medical claims when it comes to Health Plans? ~ Answer: 80% 4. cost center ~ Answer: Support area that usually do not generat...

FIN2603 Exam Pack 2023. The part of finance concerned with design and delivery of advice and financial products to individuals, businesses and the government is called ...  A. managerial finance.  B. financial advice.  C. financial services.  D. financial planning. Answer Key:C Question 2 of 20 1.0 Points What financial securities are likely to be traded on the JSE Limited?  A. Ordinary shares  B. Treasury bills  C. Commercial paper  D. Company bonds...

FIN2603 Exam Pack 2023. The part of finance concerned with design and delivery of advice and financial products to individuals, businesses and the government is called ...  A. managerial finance.  B. financial advice.  C. financial services.  D. financial planning. Answer Key:C Question 2 of 20 1.0 Points What financial securities are likely to be traded on the JSE Limited?  A. Ordinary shares  B. Treasury bills  C. Commercial paper  D. Company bonds...

Statment of Financial Position - correct answer Assets and Liabilities Net Worth Balances "balance sheet" Cash Flow Statment - correct answer Inflows and Outflows Payments Assets - correct answer cash and equivilants, stock, use assets, things clients own **even if not completly paid for. Should be valued at fair market value. **leased property and equipment are not typically included and may be shown in footnotes Liabilities - correct answer credit cards, bank ...