flashcasts about account

Define 'comprehensive income'.

Define 'capital budgeting' and its significance.

Define 'cash flow from investing activities'.

Define 'intangible assets'.

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

Define 'financial leverage' and its impact on return.

Define 'capital budgeting'.

Define 'financial leverage'.

Define 'accrued expenses'.

Define 'accounting cycle'.

Define 'gross margin'.

Define 'contribution margin'.

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

Define 'goodwill' in accounting.

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

Define 'deferred tax liability'.

Define 'current ratio'.

Define 'consolidated financial statements'.

Define 'current assets' on a balance sheet.

Define 'intangible assets' and give examples.

Define 'forensic accounting'.

Define 'accrual basis accounting'.

Define 'budgetary control' and its purpose.

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

Define 'break-even point'.