WGU C214 Financial Management Exam |
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Terms in this set (825)
10-K Annual audited financials filed with the SEC
10-Q Quarterly audited financials filed with the SEC
the form required by all public firms to be
submitted Quarterly to the SEC
144A SEC rule for selling securities to an "accredited
investor"
Accounting The business function responsible for creating the
historical financial statements.
Accounts Payable A current liability that represents any money the
firm owes suppliers and other firms. Typically the
firm does not pay interest on accounts payable.
Accounts Receivable (AR) A type of current asset which represents any
money owed to the firm for services rendered.
Accounts Receivable (AR) Turnover Credit Sales / AR
a liquidity ratio
, Accredited Investors Investors deemed by the SEC to be sophisticated
enough to purchase non-public securities.
Accrual Accounting Accounting system based on recording accounts
based on historical prices and the matching
principle.
Accruals Non-cash accounting accounts representing
money either owed or due, typically in the short
term.
Accrued Wages Wages that the company owes to employees, but
has not paid yet.
Accumulated Depreciation The total amount of depreciation claimed against
the fixed assets of the firm
(Sum of depreciation expenses in prior years)
Additional Paid-in Capital (APIC) An equity item on the balance sheet representing
the proceeds (price at which stock is initially sold)
minus the par value of the stock (note: par is
usually $1 per share).
Affirmative Covenants A bond covenant that requires the firm to do
something.
Agency Cost Corporate management acting in self-interest,
rather than stockholders
Agency Costs Costs that are incurred when management does
not act in the best interests of shareholders.The
costs that result from the principle-agent problem.
Questions and Answers | Verified Solutions | 2026
Edition | Pass Guaranteed
Save
Terms in this set (825)
10-K Annual audited financials filed with the SEC
10-Q Quarterly audited financials filed with the SEC
the form required by all public firms to be
submitted Quarterly to the SEC
144A SEC rule for selling securities to an "accredited
investor"
Accounting The business function responsible for creating the
historical financial statements.
Accounts Payable A current liability that represents any money the
firm owes suppliers and other firms. Typically the
firm does not pay interest on accounts payable.
Accounts Receivable (AR) A type of current asset which represents any
money owed to the firm for services rendered.
Accounts Receivable (AR) Turnover Credit Sales / AR
a liquidity ratio
, Accredited Investors Investors deemed by the SEC to be sophisticated
enough to purchase non-public securities.
Accrual Accounting Accounting system based on recording accounts
based on historical prices and the matching
principle.
Accruals Non-cash accounting accounts representing
money either owed or due, typically in the short
term.
Accrued Wages Wages that the company owes to employees, but
has not paid yet.
Accumulated Depreciation The total amount of depreciation claimed against
the fixed assets of the firm
(Sum of depreciation expenses in prior years)
Additional Paid-in Capital (APIC) An equity item on the balance sheet representing
the proceeds (price at which stock is initially sold)
minus the par value of the stock (note: par is
usually $1 per share).
Affirmative Covenants A bond covenant that requires the firm to do
something.
Agency Cost Corporate management acting in self-interest,
rather than stockholders
Agency Costs Costs that are incurred when management does
not act in the best interests of shareholders.The
costs that result from the principle-agent problem.
