Deca Terms Flashcards

1
Q

Office mémorandum

A

Formal way to communicate job related suggestions

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2
Q

Compétent parties

A

Parties legally qualified to make an agréement

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3
Q

Considération in a contract

A

When one party makes an offer that is accepted

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4
Q

What do chartered financial analysis Know about

A

Banking services

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5
Q

Convergence vs consolidation

A

Convergence means join and consolidate means strengthen

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6
Q

Rule of 72

A

Doubling time is 72/annual interest rate for compound interest

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7
Q

No load funds
Money market mutual funds

A

Mutual funds that dont charge a commission for buying and selling shares
Mutual funds that remain at a stable value by making low risk investments

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8
Q

Break Even Point
Contribution margin

A

Fixed plus variable costs
Sales-variable costs

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9
Q

What do they do
Chartered Financial Consultant
Certified Financial Planner
Chartered Financial Analyst

A

Less Common Financial advisors
Financial advisors
Tell you which Stock to buy

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10
Q

WHO makes decisions on behalf of shareholders

A

Board of directors

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11
Q

Multiprocessing
Multithreading

A

Using multiple processors fór tasks
Performing multiple operations simultaneously

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