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Instructions for Side by Side Printing
  1. Print the notecards
  2. Fold each page in half along the solid vertical line
  3. Cut out the notecards by cutting along each horizontal dotted line
  4. Optional: Glue, tape or staple the ends of each notecard together
  1. Verify Front of pages is selected for Viewing and print the front of the notecards
  2. Select Back of pages for Viewing and print the back of the notecards
    NOTE: Since the back of the pages are printed in reverse order (last page is printed first), keep the pages in the same order as they were after Step 1. Also, be sure to feed the pages in the same direction as you did in Step 1.
  3. Cut out the notecards by cutting along each horizontal and vertical dotted line
To print: Ctrl+PPrint as a list

15 notecards = 4 pages (4 cards per page)

Viewing:

TEST BUSINESS 4/30

front 1

Sierra, a managerial accountant for Pepsi, develops estimates of how much each department will spend in the upcoming year. What task of managerial accounting is she completing?

back 1

budgeting

front 2

Karen, a hedge fund manager, is considering investing in a new company. She is looking at the financial statement that gives her insight into what the company owes and owns. Which financial statement is it?

back 2

balance sheet

front 3

Which is a factor that might cause a business to adjust its budget figures?

back 3

economic trends

front 4

What is the relationship between a business’s goals and its budget?

back 4

Budgets translate a business’s goals into actual means for accomplishing them.

front 5

After a business designates categories of expense in its budget, it:

back 5

allocates a dollar amount.

front 6

To develop realistic budgets, existing businesses usually base their estimates on:

back 6

past performance.

front 7

The owners of C&G Auto regularly review their budget to determine whether they are:

back 7

following their financial plans.

front 8

How is a budget like a tree?

back 8

A budget is divided into categories and subcategories similar to branches.

front 9

The master budget for Aubrey's Day Care Center is made up of information from:

back 9

specialized budgets that are generated by individual departments.

front 10

What types of financial information are most useful to businesses?

back 10

timely and understandable

front 11

For financial information to be comparable, it must also be:

back 11

consistent

front 12

When a business decides to pay a loan off early due to a cash surplus, how is this business using financial information?

back 12

to manage debt

front 13

A company looks at financial information and learns that it could save money by switching to a different Internet provider. This is an example of using financial information to:

back 13

reduce expenses.

front 14

Which is a way that businesses can use financial information?

back 14

to identify trends

front 15

A manager is most likely to use financial information when:

back 15

deciding if resources are available to fund a new project