or...
Reset Password Free Sign Up


incorrect cards (0)
correct cards (0)
remaining cards (0)
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the Correct box, the DOWN ARROW key to move the card to the Incorrect box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

Correct box contains:
Time elapsed:
Retries:
restart all cards



Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

PBF Unit 4

QuestionAnswer
Ted projected that his business revenue for the next quarter should be around $9,000. This is an example of what kind of financial planning? Operation
Kate projected that her business revenue for the next quarter should be around $7,000. This is an example of what kind of financial planning? Operation
Tonya projected that her business expenses for the next six months should be around $2,500. This is an example of what kind of financial planning? Operation
Paul projected that his business expenses for the next twelve months should be around $30,000. This is an example of what kind of financial planning? Operation
Ford Motor Company determined it can afford to start selling vehicles that imitate a family room on wheels. This is an example of what kind of financial planning? Expansion
Amana Appliance Company determined its affordability to start selling self-cleaning stoves. This is an example of what kind of financial planning? Expansion
Carl estimated that his business could invest an additional $40,000. Which type of budget was used? Cash
Alicia should use which type of budget to analyze the business performance of her floral company? Operating
Paul reviewed his company's budget for six months and determined that it is spending less on utilities. Which type of budget was used? Operating
Jack reviewed his company's budget for six months and determined that it is spending more on credit card purchases. Which type of budget was used? Operating
Mary reviewed her company's budget for one year and determined that it is continuously spending more on utilities. Which type of budget was used? Operating
Jill can find the value of assets and liabilities for her business at the end of the year on which type of financial statement? Balance Sheet
Tonya compared revenue of $30,000 to expenses of $22,000 to determine whether her business experienced a net income or loss. Which type of financial statement was used? Income Statement
Harry's Grocery Store revenue for last year was $98,000 and it paid $103,000 for expenses. Which is the net income/net loss amount for the store? $5,000 net loss
Last year's revenue for Zoe's Company was $95,000 and it paid $83,000 for expenses. Which is the net income/net loss amount for the business? $12,000 net income
Last month's revenue for Tisha's Tire Company was $700 and it paid $650 for expenses. Which is the net income/net loss amount for the business? $50 net income
Which financial ratio will John use if he wants to determine whether his business could pay its debts due this month? Current
Southern Life Insurance Company makes money on selling specific services such as policies instead of retaining their customers money. This is an example of which type of financial institution? Non-depository
Direct Finance Company's primary function is to use its own money instead of customers' savings to provide loans to other businesses. This is an example of which type of financial institution? Non-depository
Jennifer prefers a financial institution that will meet her business needs such as access to checking options, credit cards, and loans. Which characteristic(s) of financial institutions does she prefer? Services
An investor prefers a financial institution that offers safe deposit boxes, trusts, and loans. Which characteristic(s) of financial institutions the investor prefers? Services
An investor prefers a financial institution that offers access to local branches and ATM machines near her home and job. Which characteristic(s) of financial institutions the investor prefers? Convenience
Sarah purchased school supplies with a store gift card of $300. This is an example of which type of payment service? Electronic
Todd gave Intrek Computer Services a personal check for which his bank guaranteed payment. This is an example of which type of payment service? Certified check
Which is the FIRST step in the check writing process? Writing the appropriate information in the check register
Phil is writing a company check and just completed writing the amount of the check in words. What should Phil do NEXT? Write in the purpose of the check
Which is the FIRST step in opening a checking account? Completing a signature card
Maria prefers an endorsement that will make sure checks are used for deposits only to her business account. Which type of endorsement is preferred? Restrictive endorsement
James received a $100 check. He wants to endorse this check over to Steve. Which type of endorsement should James use? Full
The Federal Reserve System approved the merger of Wachovia Bank and Wells Fargo Bank. This is an example of which service of the Federal Reserve System? Approving bank mergers
The Federal Reserve System supplied the monetary system with $300 billion. This is an example of which service of the Federal Reserve System? Participating in open market activities
The Federal Reserve System aids in transferring funds between banks in North Carolina and New Jersey. This is an example of which service of the Federal Reserve System? Clearinghouse
Mary prefers a relatively safe investment that will allow her to withdraw money after a few days without losing any of her principal. Which is the BEST investment choice for Mary? Money market account
Ted deposits money in a savings plan regularly. The interest he earns on this plan is indicative of how the money markets are doing. Which savings plan is he using? Money market account
Sam prefers a savings plan that allows him to earn interest on previously earned interest. Which type interest does he prefer? Compound
How much interest is earned on a balance of $1,800 that is compounded semiannually at a 6% interest rate for an account maintained for one year? $109.62
How much interest is earned on a balance of $1,000 for a certificate of deposit that is compounded at an 8% interest rate for an account maintained for three years? $259.71
RadioShack offers shares of stock to investors at a consistent rate of 6% without any voting rights. What type of stock is it offering? Preferred stock
How are common and preferred stocks similar? Both have a risk of loss of a investment
How are common and preferred stocks different? Preferred stock stockholders have priority in dividend payments
The city government needs 1.2 million dollars to build a new medical facility. Which type of bond investment opportunity would help the city government obtain funding for the facility? Municipal bond
Bob sells specialty guitars and hopes to exchange the guitars for a much higher value than the purchase price. Which type of investment could the guitars become? Collectibles
Mary's business has $5,000 to start a savings plan at a local bank. She is comparing the interest rates between a mutual fund and a regular savings account. Which evaluation factor of saving is Mary considering? Potential return
Mary needs a savings plan that will allow her to access her money as cash for potential emergency needs. Which type of evaluation factor of saving is she considering? Liquidity
Jack is reviewing his investment portfolio to make sure it includes options that will allow him to access money immediately. Which type of evaluation factor of saving is he considering? Liquidity
Created by: EddieS on 2012-11-19



Copyright ©2001-2014  StudyStack LLC   All rights reserved.