Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

7. Receivables and Investments

Introduction to Investments in Securities

Financial Accounting

7. Receivables and Investments

Introduction to Investments in Securities

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Struggling with Financial Accounting?

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Multiple Choice

Financial goals help savings grow by:

Eliminating all investment risks

Allowing unlimited withdrawals without affecting growth

Guaranteeing a fixed rate of return on all investments

Providing direction and motivation for consistent saving and investing

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Verified step by step guidance

Understand the concept of financial goals: Financial goals are specific objectives related to saving and investing that help individuals plan and achieve their desired financial outcomes.

Recognize the role of financial goals in savings growth: Financial goals provide direction and motivation, encouraging consistent saving and investing habits over time.

Clarify misconceptions: Financial goals do not eliminate investment risks, guarantee fixed rates of return, or allow unlimited withdrawals without affecting growth. These are not realistic attributes of financial goals.

Focus on the correct attribute: Financial goals help savings grow by providing a clear purpose and framework for financial decisions, which promotes disciplined and consistent saving and investing.

Apply this understanding: When setting financial goals, ensure they are specific, measurable, achievable, relevant, and time-bound (SMART) to maximize their effectiveness in guiding savings and investment growth.