Stuviascores

Charles Coughlin -ANSWER radio priest who supported and then attacked FDR's New Deal Herbert Hoover -ANSWER supported the idea of rugged individualism and was president during the beginning of the Great Depression Huey Long -ANSWER Louisiana politician in the 1930s; suggested redistributing large fortunes by means of grants to families Frances Perkins -ANSWER secretary of labor under FDR; first woman cabinet member Eleanor Roosevelt -ANSWER first lady; tireless worker for social cau...

Great Depression -ANSWER A severe, world wide economic crisis which lasted from the end of 1929 to the outbreak of World War II. installment plan -ANSWER A payment plan that allows customers to make payments at set intervals over a period of time until the total debt is paid credit -ANSWER An arrangement to receive cash, goods, or services now and pay for them in the future. investors -ANSWER Groups of individuals who invest their money in various types of companies in search of making ...

Stock Market -ANSWER A system of buying and selling stocks in a corporation. Before, the late 1920s, stocks generally reflected the stocks true value. Margin -ANSWER Buying a stock by paying only a fraction of the stock price and borrowing the rest. Black Tuesday -ANSWER On October 29, 1929, stock prices took the steepest dive ever. That day stocks lost $10 to $15 billion in value. Overproduction -ANSWER Making more goods than people could buy. This caused goods to sit in warehouses and...

Great Depression -ANSWER (1929-1939) The dramatic decline in the world's economy due to the United State's stock market crash of 1929, the overproduction of goods from World War I, and decline in the need for raw materials from non industrialized nations. Results in millions of people losing their jobs as banks and businesses closed around the world. Many people were reduced to homelessness, and had to rely on government sponsored soup kitchens to eat. World trade also declined as many countri...

Which of the following does not represent how STOTT Pilates has evolved from Joseph Pilates original method? - ANSWERSFocus on more flat spine than original method What is another term used to describe mid-sagittal plane? A) Transverse B) Circuduction C) Frontal D) Medial Plan - ANSWERSD Rotation does not occur at which of the following joints: A) knee joint B) pelvis C) elbow joint D) spine - ANSWERSC Lordosis describes which of the following? A) An exaggerated curve in ...

Which of the following does not represent how STOTT Pilates has evolved from Joseph Pilates original method? - ANSWERSFocus on more flat spine than original method What is another term used to describe mid-sagittal plane? A) Transverse B) Circuduction C) Frontal D) Medial Plan - ANSWERSD Rotation does not occur at which of the following joints: A) knee joint B) pelvis C) elbow joint D) spine - ANSWERSC Lordosis describes which of the following? A) An exaggerated curve in ...

Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or Stock Product, or Account)? - ANSWERSYes, QuickBooks will automatically create a transaction to make the balance zero. While setting up a QuickBooks Online account, you accidentally entered the wrong company address. How would you fix this error? - ANSWERSChange it in Account and Settings window, which you can access by clicking the Gear icon and select Account and Settings. If you use QuickB...

Which 3 navigation features are missing in a Reports Only user's view? - ANSWERSNavigation panel Search box + New button Gear icon Help menu Your client has called for help with their bank feeds in QuickBooks Online. You begin by asking them to open the Banking tab in the Left Navigation bar and your client tells you that she doesn't see this option listed. What could be the reason? - ANSWERSYour client doesn't have bank feeds enabled Your client has Business view selected in their s...

Why would you hide or collapse sub accounts on a report? - ANSWERSTo temporarily hide unnecessary detail and hide parent accounts What should you do after you click save & close on a customer credit memo? - ANSWERSChoose between retained as an available credit, give a refund or apply to an invoice Which of the following CAN be memorized in quickbooks? - ANSWERScheck Which is NOT shown on the payroll summary report on quickbooks? - ANSWERSinformation necessary to complete your state unem...

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWERSIt's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANSWERSonly one user can access the data file The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWERSRecord a transaction to show the customer owes you ...

Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - ANSWERSSo that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in the Payroll Center What are the first two steps to set up payroll in Quickbooks? - ANSWERS1) Sign up for a payroll services; and 2) complete the Payroll Setup Interview What are the 2 main Financial Statements you can run from the "Company and Financial" category of reports? - ANSWERSBalan...

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWERSIt's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANSWERSonly one user can access the data file The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWERSRecord a transaction to show the customer owes you ...

Proprietary funds are A. Funds used to account for the activities of a government that are carried out primarily to provide services to citizens B. Funds us ed to account for a government's ongoing organizations and activities that are similar to those operated by for-profit organizations C. Funds used to account for monies held by the government in a trustee capacity D. Funds used to account for all financial resources except those required to be accounted for in another fund E...

For a hedge transaction, if the spot rate is greater than the forward rate, the foreign currency is selling at a premium in the forward market - ANSWERSFalse If the direct foreign exchange rate of the dollar versus the British Pound is E1.5, the indirect exchange rate is E.6667. - ANSWERSTrue The intrinsic value of a derivative is related to the value assigned to the opportunity to hold the derivative open for a period of time. - ANSWERSFalse According to the two-transaction approach, t...

When an investor is deemed to have "control" over an investee, GAAP requires presentation of consolidated financial statements. Which of the following would not be considered an indicator of control? - ANSWERSThe investor owns 40% of the investee's stock and the rest is owned by the investee's founder. Which of the following statements best describes how goodwill is measured? - ANSWERSAcquisition price - Fair value of net tangible assets - Fair value of identifiable intangible assets = Go...

The terms on an invoice are 4/15, n/30. This means that a discount of 4% will be allowed if payment is made within 15 days from the date of the invoice. a discount of 15% will be allowed if payment is made with 4 days from the date of the invoice. a discount of 4% will be allowed if payment is made by the 15th of the month. a discount of 15% will be allowed if payment is made by the 4th day after the date of the invoice. - ANSWERSa discount of 4% will be allowed if payment is made within 15 ...

What is an operating segment? - ANSWERSIt is a component of a public entity that meets 3 specific characteristics. What are the 3 characteristics of an operating segment? - ANSWERS1. It engages in business activities that produce revenues and incur expenses 2. Its operating results are regularly reviewed by the public entity's chief operating decision maker to make decisions about resource allocations to the segment 3. Its discrete financial information is available What is the mana...

There are no _______ is a partnership. - ANSWERSowners. - owners = shareholders. Partnerships are owned by individuals and don't have: - ANSWERSstock to issue. Partnerships focus on: - ANSWERSequity or CAPITAL. - there is technically not any equity in a partnership. - capital = ownership of the partners. Why Partnership? - ANSWERS- a partnership is very easy to start-- as simple as a verbal agreement. - freedom of operation-- no structured rules on compensation, profit-sharing,...

Statements prepared for the parent company and its subsidiaries: - ANSWERSConsolidated Statements The excess of the value implied by the purchase price over the fair value of the subsidiary's identifiable net assets: - ANSWERSGoodwill A parent owns at least 50% of a subsidiary: - ANSWERSMajority Owned An entry made to remove P's investment account and P's share of S's equity accounts: - ANSWERSElimination The portion of equity in S not owned by P: - ANSWERSNoncontrolling Interest...

Major funds - ANSWERSGeneral, Proprietary, Fidiciary Alice makes cash gift with no strings to political party - ANSWERSRevenue, unrestricted contribution Which of the following are fiduciary - ANSWERSPensions, Agency Which organization has jurisdiction for private university - ANSWERSFASB Revenue from property tax are recorded when - ANSWERSMeasurable and available Expenditures are what - ANSWERSDecreases in financial resources Following is a type of proprietary fund - ANSWERSE...