TEXES BUSINESS AND FINANCE EXAM PACKAGE DEAL

Corporation - Answer-Is a type of business that is its own legal entity, although it is owned by shareholders - A business owned by stockholders who share in its profits but are not personally responsible for company's debts Benefits: - Shareholders are shielded from the debts and liabilities ...

M1 Money supply - Currency, coins, checking accounts demand deposits. M2 Money Supply - M1 plus balances in most savings accounts and money market mutual funds. M3 Money Supply - Money includes M2 and long term purchase agreement. 5 Cs of Credit - Character, Capacity, Capital, Collateral, Conditi...

When a company is trying to regulate its spending and track incoming funds, the accountant should prepare an income statement once - every month. What is convertible securities used for - to convert another security (usually stock or bond) and raise capital by way equity. What is the best way to...

Credit score - a number assigned to a person that indicates to lenders their capacity to repay a loan. Financial Market - A financial market is a market in which people trade financial securities, commodities, and goods at prices that reflect the supply and demand. Economics - the study of how s...

What are the major factors that affect cross-cultural communication? - Answer-Language differences, high context vs. low context Which of the following tasks is not a common functions of a digital audio editor? - Answer-Record audio from different sources Which one of the following is part of st...

Income Statement - Produced once a month to ensure expense review and control Income Statement' - Allows a company to determine how much money is coming in and how it's being spent Promissory Note - Indicates a loan and debt financing to raise capital Convertible Securities - Used to raise cap...

National Association of Securities Dealers Automated Quotations (NASDAQ) - is the second largest stock exchange in the world by market capitalization. It is a dealer's market. New York Stock Exchange (NYSE) - is the largest stock exchange in the world measured by market capitalization. It is an ...

When a company is trying to regulate its spending and track incoming funds, the accountant should prepare an income statement once - Answer-every month. A lending company will review a borrower's accounting documentation to evaluate - Answercreditworthiness. Which of the following doctrines prev...