flashcasts about account

Define 'contribution margin'.

Define 'financial leverage' and its impact on return.

Define 'accounting cycle'.

Define 'accrual basis accounting'.

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

Define 'break-even point'.

Define 'gross margin'.

Define 'current ratio'.

Define 'deferred tax liability'.

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

Define 'comprehensive income'.

Define 'consolidated financial statements'.

Define 'cash flow from investing activities'.

Define 'capital budgeting'.

Define 'accrued expenses'.

Define 'intangible assets'.

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

Define 'current assets' on a balance sheet.

Define 'goodwill' in accounting.

Define 'intangible assets' and give examples.

Define 'budgetary control' and its purpose.

Define 'capital budgeting' and its significance.

Define 'forensic accounting'.

Define 'financial leverage'.

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