Innovation Mtg Flash Cards

Question 1

What does the acronym MRR stand for?

Answer 1

Monthly
Recurring
Revenues

Question 2

Can you name 1 of the 4 OKRs set for Q3 2024?

Answer 2

1. Grow MDaudit Q3
2. Optimize operational efficiency and quality through scalability Q3
3. Drive success through product engagement Q3
4. Put MDaudit Team First Q3

Question 3

Which former US president’s face is on the front of the $20 bill?

Answer 3

Andrew Jackson (7th US President – 1829-1837)

Question 4

What is our company’s approximate total annual revenue?

Answer 4

~$30M

Question 5

What is the name of the website that tracks our OKRs?

Answer 5

Quantive

Question 6

What does the acronym TCV stand for?

Answer 6

Total
Contract
Value

Question 7

What does the acronym GAAP stand for?

Answer 7

Generally
Accepted
Accounting
Principles

Question 8

Approximately how many employees do we have?

Answer 8

~70-75 (73 at the time this was written)

Question 9

True of False: We have a centralized team to review customer contracts and pricing?

Answer 9

True, Susan oversees Contracts and Pricing.

Question 10

What does the acronym OKR stand for?

Answer 10

Objectives &
Key
Results

Question 11

Can you name 1 of our 2024 Financial Bonus Initiatives and respective targets?

Answer 11

1. CARR of $33.1M (40% weight)
2. Total Revenue $29.3M (20% weight)
3. Post Individual Bonus EBITDA of $11.3M (40% weight)

Question 12

What’s the square root of Pi?
Just kidding, what’s the square root of 100?

Answer 12

The square root of 100 = 10

FYI - The square root of PI = 1.77245385091

Question 13

What does the acronym CARR stand for?

Answer 13

Contracted
Annual
Recurring
Revenues

Question 14

Can you name 3 of our 5 Core Values?

Answer 14

Inquisitive
Driven
Innovative
Collaboration
Empathetic

Question 15

Where do accountants buy their clothes?

Answer 15

The GAAP