Procces by which an organization accounts and records are verified

A financial statement that captures the financial condition of the bsiness at the particular moment ( asset and Liabilities)

The process of determining the level at a=which revenues equal total cost.

The proccess of determining the amount of cash a business had to work with at any given time

Mechanisms used tomitor and regulate a task activity or performance while it is occurring

The managementfunction that monitos and regulate a task activity or performance before it occurs

The comparison of two umber from a bussiness financil statemment used as a tool by business to see relationships between dollars number and percentages

Records that show a business financial activites

A promise made to the consumer that a products purchase price will be refunded if the product is not satifactory often called a money back guarntee

Prompt another person o take some kind of action

Return on investment (ROI)

Net profit divided by investment pr the bottom line on how succesful an ad or campagin was in term ofwhat the retures ( generally sales revenus) were for the money expended ( invested )

The succeseefl long term management of an organization

The proccess of introducing a new product to a limited market to determine what its acceptance will be

A promise made by the seller to the consumer that the seller will repair of replace a product that does not perform as expected.

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Managerial Control

Lap SM - 400 Glossary/study stack

Question	Answer
Audit	Procces by which an organization accounts and records are verified
Balance Sheets	A financial statement that captures the financial condition of the bsiness at the particular moment ( asset and Liabilities)
Break-even analyisis	The process of determining the level at a=which revenues equal total cost.
Cash flow analysis	The proccess of determining the amount of cash a business had to work with at any given time
Concurrent Controls	Mechanisms used tomitor and regulate a task activity or performance while it is occurring
Controlling	The managementfunction that monitos and regulate a task activity or performance before it occurs
Financial ratio	The comparison of two umber from a bussiness financil statemment used as a tool by business to see relationships between dollars number and percentages
Financial statements	Records that show a business financial activites
Guarantee	A promise made to the consumer that a products purchase price will be refunded if the product is not satifactory often called a money back guarntee
Motivate	Prompt another person o take some kind of action
Return on investment (ROI)	Net profit divided by investment pr the bottom line on how succesful an ad or campagin was in term ofwhat the retures ( generally sales revenus) were for the money expended ( invested )
Sustaniability	The succeseefl long term management of an organization
Test marketing	The proccess of introducing a new product to a limited market to determine what its acceptance will be
Warranty	A promise made by the seller to the consumer that the seller will repair of replace a product that does not perform as expected.

Created by: Sreyes936

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