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

Which job in the finance career cluster is most ideal for a person with a master's degree?

Financial Analyst

Bank Teller

Accounts Payable Clerk

Chief Financial Officer (CFO)

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Understand the finance career cluster: The finance career cluster includes various roles that deal with managing money, investments, and financial planning. Each role requires different levels of education and expertise.

Analyze the qualifications for each role: A Financial Analyst typically requires a bachelor's degree and focuses on analyzing financial data. A Bank Teller usually requires a high school diploma and handles customer transactions. An Accounts Payable Clerk often requires an associate degree or equivalent experience and manages invoices and payments.

Consider the role of a Chief Financial Officer (CFO): A CFO is a senior executive responsible for managing the financial actions of a company, including financial planning, risk management, and record-keeping. This role typically requires advanced education, such as a master's degree, and significant experience in finance and leadership.

Match the qualifications to the ideal role: A master's degree aligns well with the responsibilities and expertise required for a CFO position, making it the most ideal role for someone with this level of education.

Conclude that the CFO role is the correct answer: Based on the qualifications and responsibilities, the Chief Financial Officer (CFO) is the most suitable job in the finance career cluster for a person with a master's degree.