BUS 101 STUDY GUIDE
Chapters 15-17
CHAPTER 15
Difference between accountant and bookkeeper
Public vs private accountant
Financial vs managerial accounting
SEC/annual report
Accounting equation
Know all the components of a balance sheet (including description)
Know all the components of an income statement
Know all the components of a cash flow statement
Capital expenditures vs expenses
Know the 3 major ratios
CHAPTER 16
Definition of money supply (M-1, M-2, M-3)
Counterfeiting
Federal Reserve Act of 1913
Ways the Fed regulates money supply
(Discount rate, reserve requirement & sale of gov’t securities)
Establishment of federal deposit insurance
Types of depository and nondepository institutions
Types of electronic banking
CHAPTER 17
Characteristics of stocks
Preferred vs common stocks
IPO
Dividends
Capital gains
Types of bonds
Denomination/maturity date/callable
Premium vs discounted value of a bond
Bond ratings
NYSE vs NASDAQ
Types of mutual funds
Load vs no load
Net asset value (NAV)
Debt vs equity financing
Know the different types of long-term and short-term debt
Opportunity risk/rate of return
The post BUS 101 STUDY GUIDE Chapters 15-17 CHAPTER 15 Difference between accountant and appeared first on PapersSpot.
