Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Numeracy > Unit 5 > Flashcards

Unit 5 Flashcards

1
Q

Expenditure

A

hu

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Income

A

hiug

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Fixed Costs

A

hku

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Variable costs

A

bhj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Accounting

A

bk

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Composite statements of accounts in a small business or personal environment

A

vyjfj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Accounting cycle

A

fvjy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Accounting period

A

jkj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Accounts payable

A

yhfj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Accounts receivable

A

gyu

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Accrued liabilities

A

jbj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Acquisitions

A

vmh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Additional paid-in capital

A

ftyh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Allowance method

A

ch

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Amortization

A

cj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Annuity due

A

fyhvj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Authorized shares

A

vhj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Bonds

A

fyh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Book value per share

A

vh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Capital expenditure

A

gj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Capital gain

A

jg

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Capital lease

A

hyvh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Capital loss

A

gjhy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Cash

A

fth

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Cash equivalents

A

khnk

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Cash flow from operations to capital expenditures ratio

A

gj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Common stock

A

gi

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

Compound interest

A

guuj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Comprehensive income

A

gu

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Contingent liability

A

ghik

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

Contributed capital

A

hjk

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

Convertible bond

A

hj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

Copyright

A

guu

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

Corporation

A

gjh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

Current assets

A

bj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
36
Q

Current liabilities

A

hi

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
37
Q

Current ratio

A

ikhik

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
38
Q

Debt-to-assets ratio

A

vj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
39
Q

Deferred taxes

A

th

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
40
Q

Defined benefit plan

A

hujh

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
41
Q

Defined contribution plan

A

jb

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
42
Q

Depletion

A

nj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
43
Q

Depreciation

A

b

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
44
Q

Goodwill

A

hj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
45
Q

Gross profit method

A

nj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
46
Q

Inventory

A

nm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
47
Q

Notes payable

A

hj

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
48
Q

Ordinary annuity

A

hjk

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
49
Q

Outstanding shares

A

hbj

50
Q

Par value

A

vj

51
Q

Partnership

A

bhj

52
Q

Patents

A

hj

53
Q

Pension obligations

A

nk

54
Q

Periodic inventory system

A

huj

55
Q

Perpetual inventory system

A

gj

56
Q

Preferred stock

A

bhj

57
Q

Price-earnings ratio (P/E ratio)

A

gu

58
Q

Purchase discount

A

guu

59
Q

Quick ratio

A

vjh

60
Q

Raw materials

A

hu

61
Q

Retail inventory method

A

gjy

62
Q

Return on assets ratio

A

bj

63
Q

Return on common stockholders’ equity ratio

A

jy

64
Q

Revenue expenditure

A

hgug

65
Q

Simple interest

A

yt

66
Q

Sole proprietorship

A

huj

67
Q

Solvency

A

jh

68
Q

Source documents

A

huj

69
Q

Specific identification method

A

tfh

70
Q

Stock

A

fguy

71
Q

Stock split

A

guj

72
Q

Treasury stock

A

gj

73
Q

Units-of-production method

A

jhv

74
Q

Weighted average cost inventory method

A

gj

75
Q

Work in process

A

ghj

76
Q

Revenue

A

bhj

77
Q

Expenses

A

gj

78
Q

Operating Expenses

A

jmj

79
Q

Fixed Costs

A

hj

80
Q

Variable Costs

A

gyj

81
Q

Cash versus Accrual Accounting Methods

A

hku

82
Q

Depreciation

A

bhj

83
Q

Interest Expenses

A

hkj

84
Q

Income Tax and other Statutory Taxes

A

bjh

85
Q

Concept of Cost

A

huk

86
Q

Cost Objective

A

bhj

87
Q

Definition of cost

A

hui

88
Q

Full Cost

A

vhj

89
Q

Direct costs

A

hvj

90
Q

Indirect costs

A

bhj

91
Q

Measurement of Direct Costs

A

hyu

92
Q

Direct Labour Cost

A

hj

93
Q

Direct Material Cost

A

huk

94
Q

Distinction between Direct and Indirect Costs

A

njk

95
Q

Nature of Allocation

A

bk

96
Q

Cost Accounting Systems

A

nk

97
Q

The Sales Process and Finance

A

nkl

98
Q

Delivery Documentation

A

gty

99
Q

A Delivery Advice

A

hyj

100
Q

A Delivery Note (Proof of Delivery)

A

bhj

101
Q

Invoicing

A

hui

102
Q

The Importance of Accounting

A

gyju

103
Q

The Accounting Cycle

A

gy

104
Q

Double-entry Bookkeeping

A

hgy

105
Q

The Elements of an Accounting System

A

kj

106
Q

Documentation of Data

A

gyu

107
Q

Recording (Journalising) of Data

A

bk

108
Q

Different Types of Journals

A

hyj

109
Q

Processing of Journalised Entries

A

hujk

110
Q

Asset Accounts

A

bhuk

111
Q

Liability Accounts

A

yu

112
Q

Analysing Transactions

A

b

113
Q

Posting Transactions to the General Ledger

A

h

114
Q

Statements of Account

A

h

115
Q

Errors and Reconciliations

A

hjv

116
Q

Common Errors

A

gyu

117
Q

Profit

A

gu

118
Q

Accounting Period

A

bhj

119
Q

Direct Costs - Cost of Sales (COS)

A

hui

120
Q

Indirect Costs

A

hy

121
Q

Mark-up

A

gyj

Numeracy (5 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions