Enumeration Flashcards
What are the ratios used to gauge liquidity
Current ratio
Current assets of total assets ratio
Quick ratio or acid test ratio
What are the ratios used to gauge the efficiency of management and the use of its assets
Inventory turnover
Receivable turnover
Number of days in receivable
What are the ratios used to gauge the efficiency of management in the use of its liabilities or debts
Equity to debt ratio
Debt to equity ratio
Debt ratio
What are the classification of financial ratios
Profitability
Liquidity
What are the items needed to compute current ratio
Current liabilities
Current assets
What are the items needed to compute debt to equity ratio
Total owner’s equity
Total liabilities
What are the different types of planning
Project planning
Corporate planning
Operational planning
Strategic planning
What are the objectives of budgeting
Coordination
Control
Planning
What are some of the components of the budget manual
Objectives
Definition of authority
Duties and responsibilities
What are some of the methods of forecasting sales
Executive opinion method
Sales force composite method
Sales trend analysis
Industry trend analysis
What are the statements needed in creating the current proforma statement of financial position
Pro forma balance sheet of prior period
Proforma cash budget
Pro forma income statement
What are the types of fund
Cash equivalent
Cash in bank
Cash fund
Cash on hand
Cash in bank takes the form of
Combo account
Savings account
Demand deposit
What are the funds maintained under the imprest system of handling cash
Petty cash fund
Change fund
Bank products
Monthly time deposits
Weekly deposits
Overnight placements
