This class was created by Brainscape user Peter Shortsleeves. Visit their profile to learn more about the creator.

Decks in this class (57)

Corp Rights & Responsibilities
Define the sox clawback provision,
Under the sarbanes oxley act of 2...,
Describe the three levels of the ...
6  cards
Types & Principles of Accounting Controls
Define internal control,
Define detective controls,
Define feedback controls
8  cards
COSO & COSO ERM
Define control activities as outl...,
Define compliance objectives as o...,
Define risk assessment as outline...
13  cards
17 Principles of Internal Controls
Define inbound communications,
Define risk assessment materiality,
Define organizational policies
6  cards
Internal Control Monitoring Purpose and Terminology
Define sufficient information,
Define relevant information,
Define board monitoring
21  cards
Processes of Monitoring Internal Controls
Define control baseline,
Define ongoing monitoring,
Define control activities
6  cards
Risk Management Policies & Procedures
Define cross enterprise risk,
Define enterprise risk management,
What is meant by the tone at the top
5  cards
International Professional Practices Framework
Define implementation standards,
List the three elements that cons...,
What are attribute standards
9  cards
Attribute Standards
List the four primary themes of a...,
Define independence and objectivi...,
Define purpose authority and resp...
5  cards
Performance Standards
Define managing the internal audi...,
Define communicating results stan...,
List the seven primary themes of ...
8  cards
Economic Concepts
What is the meaning of a graphed ...,
Identify the x axis and y axis of...,
What is microeconomics
15  cards
Free Market Model
List the characteristics of a fre...,
Describe the relationship between...,
List the types of economic resources
5  cards
Demand
What are the factors that change ...,
Define market demand,
Define demand
8  cards
Supply
Define supply,
Describe the principle of increas...,
What is the slope of a normal sup...
7  cards
Market Equilibrium
What causes a market shortage,
Describe the results of a change ...,
Define market equilibrium price
6  cards
Elasticity of Demand
What does demand is elastic mean,
Identify four measures of elasticity,
Define elasticity as used in econ...
5  cards
Consumer Demand and Utility
What is represented by an indiffe...,
Define utility as used in economics,
Define utils as used in economics
5  cards
Inputs and the cost of production
Give three examples of variable cost,
Identify and describe the time pe...,
Which short run average cost curv...
8  cards
Perfect Competition
What are the four market structur...,
What is the shape of the demand c...,
What is a price taker firm
6  cards
Perfect Monopoly
List examples of reasons why mono...,
What is the shape of the demand c...,
Describe the point of short run p...
5  cards
Monopolistic Competition
Describe the point of short run p...,
What is the shape of the demand c...,
How are long run profits determin...
5  cards
Oligopoly
In what ways do firms in an oligo...,
Distinguish between overt collusi...,
Describe the point of short run p...
5  cards
Market Structures
In which form of market structure...,
Describe the justification for na...,
Describe a market structure that ...
5  cards
Intro to MacroEconomics
Identify the five major sectors o...,
In a macroeconomic free market fl...,
In a macroeconomic free market fl...
3  cards
Gross Measures - Economic Activity
Define national income ni,
Define personal disposable income,
Identify important gross measures...
8  cards
Gross Measures-Unemployment
Identify characteristics that exc...,
Define official full employment,
Define frictional unemployment
6  cards
Aggregate Demand
What is the effect of interest ra...,
Define the consumption function,
What are the factors that influen...
10  cards
Aggregate Supply
Define aggregate supply,
What is the slope of a classical ...,
What is the slope of a convention...
5  cards
Aggregate Equilibrium
What factors determine the effect...,
What is the effect on aggregate e...,
What is the effect on aggregate e...
5  cards
Business Cycles
Define lagging indicators of busi...,
Give examples of leading indicato...,
Give examples of lagging indicato...
6  cards
Price Levels and Inflation
Define inflation and deflation,
Identify three common price indices,
Define price indexes or indices
6  cards
Money, Banking & Monetary Policy
Identify the major components of ...,
Define monetary policy,
Identify and define the various m...
5  cards
Issues at National Level
Define a balance of payments deficit,
What are some of the socio politi...,
Distinguish the difference betwee...
5  cards
International Economics
Define absolute advantage,
Define comparative advantage,
Identify three major reasons for ...
8  cards
Foreign Currency Exchanges
Define foreign currency risk hedging,
Distinguish between a foreign cur...,
Define currency exchange rate risk
8  cards
Transfer Pricing
Define transfer price,
Identify and describe three major...,
For us income tax purposes in set...
5  cards
Globalization
Identify the primary purposes of ...,
Describe the primary objective of...,
Describe the primary objective of...
22  cards
Intro to Financial Managment
Identify some of the responsibili...,
What is the ultimate objective of...
2  cards
Cost Concepts
Define expired cost,
Define sunk cost,
How is a firm s cost of capital d...
9  cards
Time value of money
Define an ordinary annuity also c...,
Define an annuity due also called...,
Define the future value of 1
6  cards
Interest Rates
Define stated rate of interest al...,
Define a variable interest rate,
Define compound interest
9  cards
Financial Valuation Introduction
Identify ways in which profession...,
How is fair value defined and det...,
Identify and briefly describe the...
5  cards
Valuation Techniques-General
Briefly describe the nature of le...,
Briefly describe the nature of le...,
Briefly describe the nature of le...
3  cards
CAPM
Give the capital asset pricing mo...,
Define beta,
Identify and describe the three 3...
5  cards
Option Pricing
What are some major limitations o...,
Briefly describe the methodology ...,
What is the black scholes option ...
4  cards
Valuation Techniques - Businesses
Describe the market approach to v...,
Describe the asset approach to va...,
Identify the three basic approach...
4  cards
Forecasting
Identify and describe the two maj...,
Identify and describe the two maj...,
Identify and describe three class...
7  cards
Project Risk
Describe the relationship between...,
Describe the risk reward relation...,
Define risk free rate of return
7  cards
Capital Acquisition Payback Techniques
Identify the advantages of the pa...,
Under what circumstances would th...,
Describe the payback period appro...
33  cards
Financing Options
Describe the components of a firm...,
What are financing options,
Which is more inclusive capital s...
22  cards
Manufacturing Costs
Variability is defined in terms o...,
Define prime costs,
Define conversion costs
29  cards
Ratio Analysis
What purpose do debt utilization ...,
What purpose do market ratios serve,
What purpose do asset utilization...
6  cards
Risk Management
How is strategic risk best contro...,
How is operational risk best cont...,
How is market risk best controlled
4  cards
Performance Improvement Tools
List the characteristics of lean ...,
Describe the lean manufacturing p...,
Describe the five phases of the s...
6  cards
IT
Describe the implementation step ...,
Describe the phased implementatio...,
Describe the design step of the s...
110  cards
Overhead Variance Analysis
Define volume variance,
Define budget variance,
Define overhead efficiency variance
4  cards
Sales & Direct Costs Variance
On what are sales variances based,
Describe the accounting treatment...,
Define standard quantity
5  cards

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BEC

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