stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Intro to Business 11 and 16 Flashcards | StudBud
Explore
/
Intro to Business 11 and 16
Intro to Business 11 and 16
20 terms
·
StudBud Administration
·
304 plays
Review of terms and concepts covered in Chapters 11 and 16
Flashcards
20 cards
F
Practice quiz
P
Host live
L
Questions
20
Answers
1
A malicious software program designed to infect computer systems is called
hacking
malware
viral attack
phishing
2
Sources of big data include all but ____
social media
customer feedback
online sales
A comprehensive survey from one customer
3
WiFi allows various devices to communicate with one another using
specialized hardware
the Intranet
radio waves
advanced software applications
4
Software that secretly gathers information from the user's Internet connection without their knowledge is
cookies
Trojan horses
spyware
worms
5
The accounting equation is
None of these
Assets + Liabilities = Owner's Equity
Liabilities - Assets = Owner's Equity
Assets = Liabilities + Owner's Equity
6
Typical users of a company's accounting information include all the following except ___.
Owners and stockholders
Free-lance professionals
Bankers and investors
Union officials
7
Software includes all of the following except__
routines
programs
external drive
languages
8
The "Big Four" accounting firms include Ernst & Young, Deloitte, KPMG and
Arthur Anderson
PwC
TurboTax
H and R Block
9
All Public Accountants perform all these duties except...
Tax preparation and planning
management consulting
Auditing or examining financial records
Assisting in hiring other accountants
10
A financial record of revenues, expenses and profit over a given period of time is
a journal entry
an income statement
none of these
a balance sheet
11
The term unicorn refers to businesses worth more than $1 B that use ______________
disruptive innovation
business paradigms
information technology
crowd source funding
12
If you are a bond holder, you are
like to earn unexpected profit
likely to lose money
a company's creditor or lender
a company's customer
13
A centralized integrated collection of data resources is known as _________
big data
operational systems support
database
the information technology department
14
Application software include
Microsoft Publisher
Google Docs
All of these
Quicken
15
A balance sheet shows a company's position
on a particular date
none of these
at the end of the fiscal year
throughout the year
16
Current assets are those that can be converted to cash in
no more than a month
no more than five years
no more than a quarter
no more than one year
17
A management accountant works internally in an organization to identify...
strategic direction and planning
investment opportunities
All of these
excessive risk
18
Data information is knowledge gained from
Processing facts and figures in meaningful context
Using fact and figures in predictive analytics
comparing historical outcomes to current data points
All of the above
19
_________ is the process of measuring, interpreting and communicating financial information
Entrepreneurship
Accounting
Cash flow
Investment
20
An example of a unicorn is
Ford
McDonald's
Uber
General Electric