flashcasts about account

Define 'budgetary control' and its purpose.

Define 'forensic accounting'.

Define 'internal rate of return (IRR)' and its use.

Define 'intangible assets'.

Define 'capital budgeting'.

Define 'financial leverage' and its impact on return.

Define 'break-even point'.

Define 'accounting cycle'.

Define 'capital budgeting' and its significance.

Define 'deferred tax liability'.

Define 'consolidated financial statements'.

Define 'contribution margin'.

Define 'current assets' on a balance sheet.

Define 'intangible assets' and give examples.

Define 'comprehensive income'.

Define 'accumulated depreciation' and its impact on asset valuation.

Define 'goodwill' in accounting.

Define 'accrued expenses'.

Define 'going concern' and its importance in financial reporting.

Define 'earnings per share (EPS)' and its calculation.

Define 'gross margin'.

Define 'financial leverage'.

Define 'current ratio'.

Define 'accrual basis accounting'.

Define 'cash flow from investing activities'.