BA 1301 Ch. 13-15

Things of value owned by a firm are called its:

assets

Thrift institutions were formed specifically to encourage household savings and to:

make home mortgage loans

_____ are large pools of money set aside by corporations, unions, and governments for later use in paying retirement benefits to their employees or members

pension funds

The dollar amount of sales plus any other income received from sources like interest and dividends is called:

Revenues

_____ are deposits at a bank or other financial institution that pay interest but cannot be withdrawn on demand without penalty.

time deposits

Ground water is a vital water resource in the Choushui River area of Taiwan. A significantly increased demand for water, resulting from rapid economic development, has led to large scale ground water extraction. Overdraft of ground water has considerably lowered the ground water level, and caused seawater intrusion, land subsidence, and other environmental damage. Sound ground water management thus is essential. Chinese government officials have set up a(n) _____ system that allows it to make water management decisions using interactive computer models based on real-world processes.

return on equity (roe) ratio

In terms of financial intermediation, the couple who went to a bank and took out a $200,000 loan to buy a new house is an example of a:

demander of funds

Copying of software programs by people who haven't paid for them is called:

software piracy

What are the broad categories of commercial banks in the United States?

state and national

A good technology plan provides employees with the tools they need to perform their jobs at the highest levels of efficiency. The first step in developing a good technology plan is:

tbd

A(n) _____ is an information system that uses information technology tools to improve communications throughout an organization.

tbd

Academic advisement is unevenly provided in many high schools and colleges. There is a plan to provide advice to high school students and to college freshmen that are seeking a potential major. The on-demand consultation gathers information about a student's grades, interests, test scores, interests and aptitudes. It assesses student qualifications for a variety of majors. The _____ will then recommend six majors for them to consider and provides further information sources about the major.

tbd

By lowering the reserve requirement, the Federal Reserve tries to make more money available for loans and stimulate the economy.

tbd

Current assets, such as marketable securities and inventory, usually are expected to be turned into cash within:

tbd

Earnings per share (EPS) is the dollar amount earned by each share, not the actual amount given to stockholders in the form of dividends.

tbd

The ratio of net profit to total owners' equity is called return on:

tbd

When bank examiners conclude that a bank has serious financial problems, the FDIC can:

tbd

On a statement of cash flows for a pizza restaurant, the cash flows from investment activities section would include:

the brick oven stove used to cook the pizzas

The operating license for a commercial bank is called a(n):

A bank charter

The last step in the accounting cycle is to

Prepare a post-closing trial balance