The Big Picture Making More Money Spending Less Money Key Accounting Concepts
100
What is Profit
Income minus Expenses
100
What are people who bring money into the company
Revenue Generator
100
What are their deliverables clear and are they measure in place to track.
What are the key things to watch when setting terms with suppliers
100
What is Finance
Function of the back office is responsible for overseeing company funds, driving strategies for spending and investments, and managing risk over time?
100
What isA
A
200
What is Triple Bottom Line Value
Profit, People and Planet
200
What are people in marketing and customer support
Revenue Neutral
200
What is You need to be honest with the expenses you claim, be reasonable with what you claim and make sure the money you spend is spent productively
What are the constraints you should keep in mind when using an expense account?
200
What is Bottom Line Profit
A well established company, such as Oracle, looks at ___ to measure its success.
200
What isA
A
300
What is Amortization
Spreading costs over a long period of time
300
What are people that spend and do not bring in revenue
Cost Center
300
What is You need to understand your company’s technology plans, and you need to update your skills to keep up with those plans
What should you do as an employee to stay one step ahead of technological change?
300
What is Cash Flow Statement
Which of the financial statements is used to tell if a company is really making money and generating cash?
300
What isA
A
400
What is Inflation
Prices rise quicker than purchasing power
400
What is main factor in success or failure of business
Growth
400
What is Your time is money. You need to understand the potential size of the deal in order to know what kind of resources and time you need set aside to try and land the client.
If you are asked to round up a team to meet a potential new client, what should you do before you agree to meeting?
400
What is The Back Office
Which office can give the best input into almost every part of the business’s operation leading to recognizing potential growth and increasing profit for team and company as a whole?
400
What isA
A
500
What is Revenue
Life Blood of a Company
500
What are documents that highlight revenue minus expensesfunction of the back office is responsible for overseeing company funds, driving strategies for spending and investments, and managing risk over time?
Financial Statements
500
What is Yes, considered health insurance, benefits, retirement plans, the space/ office you’re using and electricity. These are resources that add up to the cost.
Are you a cost to the company, how so?
500
What isA
A






Focusing on the Bottom Line

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