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Florida Business Education 6 - 12 NEW NAVED Questions and Answers Graded A+
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Florida Business Education 6 - 12 NEW NAVED
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Florida Business Education 6 - 12 NEWNAVED
COBOL - answerProgramming language that was developed for coding business data.
It is the oldest programming language.
BASIC - answera popular programming language that is relatively easy to learn
BASIC = - answerBeginner's All-purpose Symbolic Instruction Code
COBOL = - answerCommon Business Oriented Language
JAVA - answera simple platform-independent object-oriented programming language
used for writing applets that are downloaded from the World Wide Web by a client and
run on the client's machine
EEOC = - answerThe US Equal Employment Opportunity Commission.
EEOC - answerenforces federal laws that make it ilegal to discriminate against a job
applicant or an employee because of the persons reace, color, religion, sex (including
pregnancy), national origin, ago, disability or genetic information.
SEC - answerA government commission created by Congress to regulate the securities
markets and protect investors. In addition to regulation and protection, it also monitors
the corporate takeovers in the U.S
SEC stands for - answersecurities and exchange commission
NBEA (stands for...) - answerNational Business Education Association
NBEA - answerProfessional organization devoted exclusively to serving individuals and
groups engaged in instruction, administration, research, and dissemination of
information for and about business.
OSHA = - answerOccupational Safety and Health Administration
OSHA - answerAn organization intended to assure safe and healthful working
conditions for working men and women by setting and enforcing standards and
providing training, outreach, education and assistance.
, balancing - answerverifying all the transactions on your account to make certain your
records match the bank.
financial statement - answerA written report of the financial condition of a firm. Includes
balance sheet, income statement, statement of changes in net worth and statement of
cash flow.
income statement - answera financial document that shows how much money
(revenues) came in and how much money (expenses) was paid out
sales - answerthe gross revenue generated from the sale of something less returns
(cancellations) and allowances (reduction in price for discounts taken by customers).
gross profit - answerthe amount of direct profit associated with the actual manufacturing
of the item sold. Calculated as sales less the cost of goods sold.
fixed assets - answerLongterm or relatively permanent tangible assets such as
equipment, machinery, and buildings that are used in the normal business operations
and that depreciate over time.
owner's equity - answeramount of money that owners would receive if they sold all of a
firm's assets and paid all of its liabilities
footing - answerThe total of the debit column or credit column of an account.
journalizing - answerThe process of recording business transactions in a journal.
Generally includes date, ledger account to be debited and amount, ledger account to be
credited and amount, description and cross-reference to the general ledger.
posting - answerProcess of transferring debit and credit amounts from journals to the
ledgers
ledger - answera specialized accounting book or computer program in which information
from accounting journals is accumulated into specific categories and posted so that
managers can find all the information about one account in the same place
mutual agency - answerRight of all partners in a partnership to act as agents for the
normal business operations of the partnership, and their responsibility for their partners
business related (but not personal) actions.
BPA = - answerBusiness Professionals of America
BPA - answerthe leading career technical student organization for students pursuing
careers in business management, office administration, information technology and
other related career fields.
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