Enumerations Flashcards

(60 cards)

1
Q

Current Assets

A

Cash and Cash Equivalent
Accounts Receivable
Inventory
Prepaid Expenses

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2
Q

Noncurrent assets

A

Property, plant, equipment
Intangible assets
Long term investments

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3
Q

Current liabilities

A

Accounts Payable
Accrued Expenses
Unearned Revenue

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4
Q

Noncurrent liabilities

A

Long-term Loans
Deferred Tax Liabilities
Pension Obligations or Post-employment Benefits

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5
Q

Owner’s Equity

A

Common Stock
Retained earnings
Treasury stock
Additional paid-in capital
Accumulated other comprehensive income

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6
Q

Types of accounts

A

Asset
Expense
Liability
Equity
Revenue

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7
Q

Types of tax

A

Income
Payroll
Unemployment
Sales

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8
Q

Recording Accounting Transaction

A

Journal entries
Receipt of supplier invoices
Double entry

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9
Q

Types of business accounts

A
  • Assets
  • Liabilities
  • Equities
  • Revenue
  • Expenses
  • Gains
  • Losses
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10
Q

Types of financial statements

A

Balance sheet
Income statement
Statement of owner’s equity
Cash flow statement

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11
Q

Common financial analysis techniques

A

Liquidity ratio
solvency
profitability
efficiency
coverage
market prospect

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12
Q

Types of cost by behavior

A

Fixed
Variable
Mixed
Step

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13
Q

Examples of variable costs

A

Labor
● Commissions
● Packaging
● tility expenses
● Raw materials for production

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14
Q

The Four Main Types of Budgets and Budgeting Methods

A

Incremental
Activity based
Value proposition
Zero based

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15
Q

Forecasting techniques

A

Qualitative forecasting models
A time series analysis
Econometric Analysis

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16
Q

Sources of capital

A

Personal savings
* Friends and family
* Angel investors
* Venture capitalists (VC)
* Corporations
* Federal, state, or local governments
* Private loans
* Work or business operations
* Going public with an IPO

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17
Q

Four types of capital

A

Debt
Equity
Trading
Working

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18
Q

Examples of capital

A

Financial
Human
Intellectual
Physical
Real estate
Securities

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18
Q

Reasons to raise capital

A

Expansion and growth
Working capital needs
Investment in Technology and Infrastructure
Acquisitions and Mergers
Market Opportunities
Product Development and Innovation
Risk Management
Shareholder Value Creation

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18
Q

Types of financial capital

A

Equity
Debt financing

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19
Q

Equity Capital Options for Early-Stage Companies

A

Angel Investors
Venture capitalists
Seed funding

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20
Q

Debt Financing Options for Early-Stage Companies

A

Bank loan
Line of credit
Revenue-based financing

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21
Q

Sources of Equity Capital

A

Boostrapping
Personal contacts
Equity crowdfunding
Accelerators
Angel investors
Venture capitalists

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22
Q

Source of debt capital

A

Short term loans
Immediateand long term loans
Bonds and stocks
Commercial banks

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23
types of business loans in the philippines
Term loans Credit line Secured business loans Unsecured business loan
24
Roles of business ethics
Ethics in Finance HR Management Marketing Production Society
25
Factors impacting business ethics
Culture Personal code of ethics Legislation Ethical code and policy of the company Government rules and regulations Social pressures Ethical climate of the industry
26
Ethical dilemmas
whistleblowing Creating honest marketiing Letting client go Keeping Employees Because of Seniority Accepting Job Applicants from Competitors Collaborating with Friends
27
Ethical issues
Discrimination Harassment Unethical accounting Health and safety Abuse of leadership authority Nepotism and favoritism Privacy Corporate espionage and nondisclosure
28
Facets of Business Ethics
Stakeholder/Shareholders or other providers of money Employees Customer relations Society Government
29
HOW TO WRITE CODE OF ETHICS
Develop a team. Know the company goals and stockholder needs Review past ethical issues. Conduct Research and Analysis. Spell out Consequences. Start writing as a team. Review and Revise
30
Carroll's pyramid
Economic responsibilities Legal responsibilities Ethical responsibilities Philanthropic responsibilities
31
TOOLS OF CORPORATE RESPONSIBILITY
Corporate Cause Promotions Cause-Related Marketing Corporate Social Marketing Corporate Philanthropy Corporate Volunteering Socially Responsible Business Marketing
32
RESPONSIBILITIES OF CSR
Individuals Environment Community
33
Types of globalization
Economic Political Social Cultural Ecological
34
Causes and Effects of globalization
Technological Advancements Economic Liberalization Multinational Corporations (MNCs) Government Policies Cultural Exchange Economic Growth Job Creation and Displacement Income Inequality Cultural Homogenization and Diversity Environmental Degradation Political Interdependence
35
Purpose of business plan
External usesE
36
External uses of business plan
Investment funds Bank financing Strategic alliances Mergers and acquisitions Customer and distributor relationships
37
Internal uses of business plan
Company's development and modification Overall commitment Control performance
38
Types of business plan
Based on audience Based on scope Based on the purpose and format
39
Type of business plan based on audience
Internal External
40
Based on scope
Standard Lean
41
Based on the purpose and format
One-page Start up Strategic Feasibility Operational Growth What if
42
A standard plan contains
Executive summary Company overview Problem analysis Market analysis Customer analysis Competitive analysis SWOT analysis Marketing plan Operations plan Management team Finances plan Supporting documentation
43
Lean business plan
Strategies Tactics Metrics Finance
44
Process of writing a business plan
Gathering right data Outlining the plan Determining the kind of plan Designating responsibilities
45
Parts of business plan
Executive summary B. THE COMPANY, STRATEGY, AND MANAGEMENT TEAM C. MANAGEMENT AND ORGANIZATION D. THE MARKET AND COMPETITORS D. THE PRODUCT OR SERVICE E. MARKETING AND SALES F. DISTRIBUTION PLAN G. FINANCIAL PLAN
46
Components of balance sheet
1. CURRENT ASSETS 2. NONCURRENT ASSETS 3. CURRENT LIABILITIES 4. NONCURRENT LIABILITIES 5. NET WORTH
47
Liquidity ratios
1. CURRENT RATIO 2. QUICK RATIO
48
Solvency ratio
1. DEBT RATIO 2. EQUITY RATIO
49
Profitability Ratios
1. GROSS PROFIT RATIO 2. NET PROFIT MARGIN 3. RETURN ON ASSETS
50
Parts of execution plan
1. Goals and objectives 2. Project stakeholders and responsibilities 3. Scope of business  4. Work breakdown structure 5. Cost breakdown structure 6. Tracking and reporting KPIs
51
Components of OKR method
Objectives 2. KEY RESULTS
52
Types of scope
1. PRODUCT SCOPE PROJECT SCOPE
53
TYPES OF WBS
1. DELIVERABLE-BASED WBS 2. PHASE-BASED WBS
54
STEPS IN CONSTRUCTING WBS
1. Identify key team members 2. Define level 1 element 3. Breakdown the level 1 elements
55
KEY COMPONENTS OF BUSINESS COST
Cost drivers Amount Hidden costs
56
METHODS OF GROUPING COSTS
a. By time periods b. By cost types
57
COMMON THINGS KPIs MIGHT TRACK
Revenue Employee statistics Customer service Marketing Efficiency
58
KPIs USED IN THE EXAMPLE
1. Unit Costs 2. Return on Assets (ROA) 3. Maintenance Costs