Finance 806 final revision

Supportive information to loan application may include -------------------:

• Bank Statements

• Marital Status

• Phone number

The Last step in the accounting cycle is the preparation of:

• Business Documents

• Financial Statements

• Ledger

Contains all of a detailed sub-set of transactions:

• General Ledger

• Subsidiary ledger

• Account Receivable

The activities and events that affect the financial position of a business is considered as business ------------:

• Documents

• Plan

• Proposal

Bank charges that are not yet recorded in the company's books will :

• Increase cash

• Decrease Cash

• Increase Account receivable

A report that lasts unpaid customer invoices by date ranges is called ---------------- analysis :

• SWOT

• Ageing

• Qualititative

The second step of the loan process is:

• Processing

• Closing

• Funding

All of the following are consumer loans EXCEPT:

• Government backed loans

• Auto loans

• Mortgage loan

All of the following are consumer loans EXCEPT:

• Commercial loan

• Auto loans

• Mortgage loan

Bank -------------------- is a report which compares the bank balance according to companies accounting records with the balance stated in the bank statement.‏

• Reconciliation

• Charge

• Error