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

1. Introduction to Accounting

Useful Information

Financial Accounting

1. Introduction to Accounting

Useful Information

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Multiple Choice

Why might a broker look at world news and financial data when making investment decisions?

To prepare internal audit reports for management.

To calculate depreciation expense for company equipment.

To assess how global events may impact market prices and investment opportunities.

To determine the historical cost of fixed assets.

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Verified step by step guidance

Understand the role of a broker: A broker facilitates buying and selling of financial securities and aims to make informed investment decisions for their clients.

Recognize the importance of world news and financial data: Global events, such as political changes, economic reports, or natural disasters, can significantly impact market prices and investment opportunities.

Analyze how global events influence markets: For example, a change in interest rates by a central bank or geopolitical tensions can affect stock prices, currency values, and commodity markets.

Connect the broker's decision-making process to market analysis: Brokers use world news and financial data to predict trends, assess risks, and identify profitable opportunities for their clients.

Clarify why other options are incorrect: Preparing internal audit reports, calculating depreciation expense, and determining historical costs are accounting tasks unrelated to a broker's role in assessing market impacts.