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  • 1ST ACTVITY/ASSIGNMENT of The Semester: Required

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    Lisa Palermo
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    This document outlines an assignment for a financial management course. Students are asked to research the definitions of 25 key financial terms related to merchandising businesses, inventory, accounting, expenses and profit/loss. They should use suggested references to define terms like merchandising inventory, beginning inventory, credit terms, gross margin, and fiscal year for the first activity of the semester.

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    This document outlines an assignment for a financial management course. Students are asked to research the definitions of 25 key financial terms related to merchandising businesses, inventory, accounting, expenses and profit/loss. They should use suggested references to define terms like merchandising inventory, beginning inventory, credit terms, gross margin, and fiscal year for the first activity of the semester.

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    8 views1 page

    1ST ACTVITY/ASSIGNMENT of The Semester: Required

    Uploaded by

    Lisa Palermo
    This document outlines an assignment for a financial management course. Students are asked to research the definitions of 25 key financial terms related to merchandising businesses, inventory, accounting, expenses and profit/loss. They should use suggested references to define terms like merchandising inventory, beginning inventory, credit terms, gross margin, and fiscal year for the first activity of the semester.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    1ST ACTVITY/ASSIGNMENT of the Semester

    SP - FINANCIAL MANAGEMENT KEY TERMS

    REQUIRED: 1. MAKE A RESEARCH FOR THE FOLLOWING KEY TERMS FOR SP - FINANCIAL
    MANAGEMENT (1st Batch)
    Suggested reference or source: “Brief Glossary of Financial Management Terms”;“Accounting Terms”

    1. MERCHANDISING BUSINESS
    2. MERCHANDISE
    3. MERCHANDISING INVENTORY
    4. BEGINNING INVENTORY
    5. ENDING INVENTORY
    6. PERIODIC INVENTORY SYSTEM
    7. PERPETUAL INVENTORY SYSTEM
    8. EOM – END O F THE MONTH
    9. CREDIT PERIOD
    10.CREDIT TERMS
    11.TOTAL REVENUES
    12.GROSS MARGIN
    13.NET MARGIN
    14.CASH DISCOUNT
    15.SHRINKAGE
    16.DOUBLE ENTRY ACCOUNTING
    17. GENERAL AND ADMINISTRATIVE EXPENSES
    18.OPERATING EXPENSES
    19. ADVERTISING
    20. MISCELLANEOUS EXPENSES
    21.UTILITIES EXPENSE
    22. COMMISSION
    23. FISCAL YEAR
    24. NET LOSS
    25. NET SALES

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