WGU C214 Concepts Only Multi Choice Version
Terms in this set (222)
Trading on the NYSE is False
executed without a specialist
(i.e. a market maker). (T/F)
Stocks and bonds are two True
types of financial instruments
(T/F)
The matching principle in Revenues be recognized when the earnings process is
accrual accounting requires complete and matches expenses to revenues recognized.
that:
A basic equation for the balance Equity = Assets - Liabilities
sheet is:
Why is the Balance Sheet Because the other statements are reset at the end of the fiscal year
known as a permanent
statement?
How do you calculate the Net Income - Dividends
change in Retained
Earnings?
Which of the following is Operating Income and EBIT are the same
generally true?
Which components are part of Cash Accounts Receivable, Inventory, Long Term Assets
, total assets?
Which components are part of Inventory, Cash, Accounts Receivable, Short Term Investments
current assets?
Which components are part of Bonds, Accounts Payable, Mortgage
Total Liabilities?
When Fixed Assets increase Cash decreases
what happens to Cash?
Which is the purpose of the explains the change in cash balance for one period of time
statement of cash flows?
The OIROI (Operating Income EBIT, Total Assets
Return on Investment) uses
what elements on the income
statement?
Why would a company be How efficient assets are at producing sales
interested in the TAT-Total
Asset Turnover-ratio?
a
Which of the following gives 18.6% compounded daily
the largest effective rate
(APY)
What does the beta coefficient It is a statistically-derived measure of volatility
represent?
Why is depreciation expense Because depreciation expense is tax deductible
taken out of the net income
calculation, yet added back at
the end?
Why is the NPV preferred over 1-It measures the dollar value 2- It is harder to calculate
the IRR? Pick Two
Terms in this set (222)
Trading on the NYSE is False
executed without a specialist
(i.e. a market maker). (T/F)
Stocks and bonds are two True
types of financial instruments
(T/F)
The matching principle in Revenues be recognized when the earnings process is
accrual accounting requires complete and matches expenses to revenues recognized.
that:
A basic equation for the balance Equity = Assets - Liabilities
sheet is:
Why is the Balance Sheet Because the other statements are reset at the end of the fiscal year
known as a permanent
statement?
How do you calculate the Net Income - Dividends
change in Retained
Earnings?
Which of the following is Operating Income and EBIT are the same
generally true?
Which components are part of Cash Accounts Receivable, Inventory, Long Term Assets
, total assets?
Which components are part of Inventory, Cash, Accounts Receivable, Short Term Investments
current assets?
Which components are part of Bonds, Accounts Payable, Mortgage
Total Liabilities?
When Fixed Assets increase Cash decreases
what happens to Cash?
Which is the purpose of the explains the change in cash balance for one period of time
statement of cash flows?
The OIROI (Operating Income EBIT, Total Assets
Return on Investment) uses
what elements on the income
statement?
Why would a company be How efficient assets are at producing sales
interested in the TAT-Total
Asset Turnover-ratio?
a
Which of the following gives 18.6% compounded daily
the largest effective rate
(APY)
What does the beta coefficient It is a statistically-derived measure of volatility
represent?
Why is depreciation expense Because depreciation expense is tax deductible
taken out of the net income
calculation, yet added back at
the end?
Why is the NPV preferred over 1-It measures the dollar value 2- It is harder to calculate
the IRR? Pick Two
