Regression analysis with only one independent variable.
Regression analysis with only one independent variable.
Analyzing financial statements by using financial ratios, horizontal analysis, and vertical analysis. To learn more, see Explanation of Financial Ratios.
See cash surrender value.
A bond with collateral.
An allowance granted to a customer who had purchased merchandise with a pricing error or other problem not involving the return of goods. If the customer purchased on credit, a sales allowance will involve a debit to...
See income statement. To learn more, see Explanation of Income Statement.
The current price for a commodity or other item to be delivered immediately.
See production service department.
Sales made on account. Sales where the customer is allowed to pay at a later date. Noncash sales.
See sales.
An employee fringe benefit provided by an employer that allows employees to be paid for a limited number of days per year when the employees are ill.
See post balance sheet event.
In activity-based costing, this refers to the number of items that will be produced after a machine has been setup.
Financial statements (such as the income statement and balance sheet) that summarize much of the detail into a few major lines of information.
Inventory that is less than the expected amount. It might be associated with theft or damage.
Preferred stock that can be exchanged by the holder for a specified number of shares of common stock of the same company.
The amount of office supplies used during a specified time interval.
See Explanation of Standard Costing.
Financial statements that reflect the total economic entity. For example, on a consolidated income statement a corporation having several subsidiaries would report the total of all of its companies’ sales that were...
The accounting or bookkeeping system that does not utilize computer software for entering transactions into journals and ledgers.
This term is often associated with an investment in the bonds issued by another corporation if the bonds are traded on a bond exchange.
Bank Reconciliation (Word Scramble) Download PDF To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our...
Also referred to as factory burden, factory overhead, indirect manufacturing costs, and manufacturing support costs. To learn more, see Explanation of Manufacturing Overhead.
A revenue, expense, gain, or loss account. To learn more, see Explanation of Income Statement.
See mixed expenses.
The time required to set up a piece of production equipment.
A right to buy a specific number of shares of stock at a specific price by a specific date.
Payroll Accounting (Word Scramble) Download PDF To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our...
A balance sheet with at least two columns of amounts. The column of amounts that is closest to the words will be the most recent amounts. The column furthest from the words will contain the oldest amounts. The older...
Under the accrual basis of accounting, this account reports the cost of the temporary help services that a company used during the period indicated on its income statement.
A multicolumn listing of each payment required during the period of a loan. Each payment is detailed by the amount of interest, the principal payment, and the remaining unpaid principal balance. The interest portion of...
Preferred stock where past, omitted dividends do not have to be paid before a dividend can be paid to common stockholders. In the case of noncumulative preferred stock, only its current year dividend needs to be paid in...
Net sales is the gross amount of Sales minus Sales Returns and Allowances, and Sales Discounts for the time interval indicated on the income statement.
See separation of duties.
In activity-based costing this refers to the allocation of the cost of activities (determined by stage 1 allocations) to the cost objects such as products or services.
See Supplies.
An estimated income statement for a future period of time that is based on projected or budgeted transactions.
A heading that includes common stock and preferred stock.
Support that has been either temporarily or permanently restricted by the donor.
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