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Financial Accounting: Help and Review

Course Summary

Catch up on financial accounting topics you're struggling with in this interactive Financial Accounting: Help and Review course. Use these short video lessons to review the topics that need extra attention and then test yourself with our multiple-choice quizzes and chapter tests.
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9 chapters in Financial Accounting: Help and Review

Ch 1. Introduction to Accounting: Help and Review {{cp.topicAssetIdToProgress[23261].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What Is Accounting? - Purpose, Importance & Relationship to Business Score: {{cp.lessonAssetIdToProgress[9165].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9165].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - External and Internal Users and Uses of Accounting Score: {{cp.lessonAssetIdToProgress[9166].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9166].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is GAAP? - The Generally Accepted Accounting Principles Score: {{cp.lessonAssetIdToProgress[9167].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9167].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Importance of Ethics in Accounting Score: {{cp.lessonAssetIdToProgress[9168].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9168].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Technology in Accounting: The Growing Role of Technology in Accounting Score: {{cp.lessonAssetIdToProgress[9169].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9169].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - The Agency Problem in Finance: Definition & Examples Score: {{cp.lessonAssetIdToProgress[54427].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54427].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Petty Cash Fund in Accounting Score: {{cp.lessonAssetIdToProgress[54446].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54446].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Business Assets: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15850].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15850].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Business Transaction: Definition, Types & Analysis Score: {{cp.lessonAssetIdToProgress[16043].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16043].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Calculate Ending Inventory: Formula & Explanation Score: {{cp.lessonAssetIdToProgress[7552].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7552].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Calculating Beginning Inventory: Formula & Explanation Score: {{cp.lessonAssetIdToProgress[7575].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7575].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Capital Asset Pricing Model (CAPM): Definition, Formula, Advantages & Example Score: {{cp.lessonAssetIdToProgress[17211].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17211].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Capital Expenditures: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[16041].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16041].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - Capital Lease in Accounting: Definition, Requirements & Example Score: {{cp.lessonAssetIdToProgress[16067].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16067].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - Cash Basis Accounting Method: Definition & Example Score: {{cp.lessonAssetIdToProgress[15975].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15975].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - Cash Discount: Definition, Formula & Example Score: {{cp.lessonAssetIdToProgress[9587].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9587].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - Cash Equivalents: Definition & Examples Score: {{cp.lessonAssetIdToProgress[16015].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16015].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - Cash Payments Journal: Definition & Example Score: {{cp.lessonAssetIdToProgress[16045].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16045].bestScoreQuestions}}  Take Quiz Optional
Lesson 19 - Cash Receipts Journal: Definition & Examples Score: {{cp.lessonAssetIdToProgress[15956].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15956].bestScoreQuestions}}  Take Quiz Optional
Lesson 20 - Check Clearing: Definition, Process & Rules Score: {{cp.lessonAssetIdToProgress[15861].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15861].bestScoreQuestions}}  Take Quiz Optional
Lesson 21 - What Is a Computerized Accounting System? - Types, Advantages & Disadvantages Score: {{cp.lessonAssetIdToProgress[15987].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15987].bestScoreQuestions}}  Take Quiz Optional
Lesson 22 - What Is a General Journal in Accounting? - Definition, Format & Examples Score: {{cp.lessonAssetIdToProgress[16020].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16020].bestScoreQuestions}}  Take Quiz Optional
Lesson 23 - What Is a General Ledger? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[15982].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15982].bestScoreQuestions}}  Take Quiz Optional
Lesson 24 - Financial Documents: Definition, Types & Business Examples Score: {{cp.lessonAssetIdToProgress[7542].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7542].bestScoreQuestions}}  Take Quiz Optional
Lesson 25 - Total Assets: Definition & Explanation Score: {{cp.lessonAssetIdToProgress[7562].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7562].bestScoreQuestions}}  Take Quiz Optional
Lesson 26 - What Is a Bank Loan? Score: {{cp.lessonAssetIdToProgress[7490].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7490].bestScoreQuestions}}  Take Quiz Optional
Lesson 27 - What Are Accounts Payable? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[7528].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7528].bestScoreQuestions}}  Take Quiz Optional
Lesson 28 - What Is Capital? - Definition & Concept Score: {{cp.lessonAssetIdToProgress[7578].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7578].bestScoreQuestions}}  Take Quiz Optional
Lesson 29 - What Is GAAP? - Definition, Standards & Requirements Score: {{cp.lessonAssetIdToProgress[7549].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7549].bestScoreQuestions}}  Take Quiz Optional
Lesson 30 - What Is Revenue? - Definition & Concept Score: {{cp.lessonAssetIdToProgress[7492].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7492].bestScoreQuestions}}  Take Quiz Optional
Lesson 31 - Economist Joseph Schumpeter: Theories & Books Score: {{cp.lessonAssetIdToProgress[243605].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243605].bestScoreQuestions}}  Take Quiz Optional
Lesson 32 - Required Rate of Return (RRR): Formula & Calculation Score: {{cp.lessonAssetIdToProgress[251657].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251657].bestScoreQuestions}}  Take Quiz Optional
Lesson 33 - What is a Closed-End Fund? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[283823].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[283823].bestScoreQuestions}}  Take Quiz Optional
Lesson 34 - Monetary Measurement Concept: Advantages & Limitations Score: {{cp.lessonAssetIdToProgress[283869].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[283869].bestScoreQuestions}}  Take Quiz Optional
Lesson 35 - What is a Hospital Lien? - Definition & the Hospital Lien Act Score: {{cp.lessonAssetIdToProgress[326561].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[326561].bestScoreQuestions}}  Take Quiz Optional
Lesson 36 - How Long Does a Tax Lien Stay on Your Credit Report? Score: {{cp.lessonAssetIdToProgress[326575].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[326575].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - What Are Financial Statements? - Definition, Purpose & Importance Score: {{cp.lessonAssetIdToProgress[9170].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9170].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The Balance Sheet: Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9171].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9171].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is an Income Statement? - Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9172].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9172].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Statement of Cash Flows: Purpose, Format & Examples Score: {{cp.lessonAssetIdToProgress[9173].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9173].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Purpose of Notes on Financial Statements Score: {{cp.lessonAssetIdToProgress[9174].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9174].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Preparing the Basic Income Statement and Statement of Retained Earnings Score: {{cp.lessonAssetIdToProgress[9175].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9175].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How to Prepare the Basic Balance Sheet and Statement of Cash Flows Score: {{cp.lessonAssetIdToProgress[12521].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12521].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - External Audits of Financial Statements Score: {{cp.lessonAssetIdToProgress[9176].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9176].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The Fundamental Principles of Accounting Score: {{cp.lessonAssetIdToProgress[9177].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9177].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Classified Balance Sheet: Definition & Example Score: {{cp.lessonAssetIdToProgress[16022].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16022].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Finished Goods Inventory: Calculation & Formula Score: {{cp.lessonAssetIdToProgress[15994].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15994].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Margin of Safety in Accounting: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16021].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16021].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Marginal Opportunity Cost: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15785].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15785].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - Marginal Revenue Product: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15768].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15768].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - Marginal Revenue: Definition & Equation Score: {{cp.lessonAssetIdToProgress[9520].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9520].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - Financial Transactions: Types, Overview Score: {{cp.lessonAssetIdToProgress[7563].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7563].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - Non-Current Liabilities on a Balance Sheet: Definition & Examples Score: {{cp.lessonAssetIdToProgress[7467].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7467].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - Sales Mix & Effect on Break-Even Sales Score: {{cp.lessonAssetIdToProgress[80548].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80548].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - The Accounting Equation: Definition & Components Score: {{cp.lessonAssetIdToProgress[10851].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10851].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Source Documents in Accounting: Definition and Purpose Score: {{cp.lessonAssetIdToProgress[10852].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10852].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Using the Accounting Equation: Adding Revenues, Expenses & Dividends Score: {{cp.lessonAssetIdToProgress[10853].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10853].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What Are Accounts? - Definition and Use to Categorize Transactions Score: {{cp.lessonAssetIdToProgress[10854].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10854].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Ledgers and Chart of Accounts: Definitions and Use Score: {{cp.lessonAssetIdToProgress[10855].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10855].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Understanding Debits and Credits in Accounting Score: {{cp.lessonAssetIdToProgress[10856].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10856].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Recording Business Transactions in Accounting Score: {{cp.lessonAssetIdToProgress[10857].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10857].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Using the Accounting Equation: Analyzing Business Transactions Score: {{cp.lessonAssetIdToProgress[10858].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10858].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Computing and Interpreting Return on Assets Score: {{cp.lessonAssetIdToProgress[10859].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10859].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Journal Entries and Trial Balance in Accounting Score: {{cp.lessonAssetIdToProgress[10860].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10860].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Financial Statement Ratios: Determining Company Performance Score: {{cp.lessonAssetIdToProgress[10861].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10861].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - What Are Capital Resources? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[15708].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15708].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - What Are Fixed Assets? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[15965].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15965].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - What Are Indirect Costs? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[15742].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15742].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - What Are Short-Term Investments? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[10487].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10487].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - What is a Stock? - Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[15801].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15801].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - Cost of Goods: Definition & Calculation Score: {{cp.lessonAssetIdToProgress[7466].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7466].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - Hicks' Theory of Business Cycles Score: {{cp.lessonAssetIdToProgress[243607].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243607].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Periodic Reporting & the Time Period Principle Score: {{cp.lessonAssetIdToProgress[13685].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13685].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Using Accrual Accounting to Make Financial Statements More Useful Score: {{cp.lessonAssetIdToProgress[13686].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13686].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Differences Between Accrual & Cash-Basis Accounting Score: {{cp.lessonAssetIdToProgress[13687].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13687].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Account Adjustments: Types, Purpose & Their Link to Financial Statements Score: {{cp.lessonAssetIdToProgress[13688].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13688].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Accrued Expenses & Revenues: Definition & Examples Score: {{cp.lessonAssetIdToProgress[13689].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13689].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Adjusted Trial Balance: Definition, Preparation & Example Score: {{cp.lessonAssetIdToProgress[13690].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13690].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Preparing Financial Statements Score: {{cp.lessonAssetIdToProgress[13691].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13691].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Temporary & Permanent Accounts: Definition & Differences Score: {{cp.lessonAssetIdToProgress[13692].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13692].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Closing Entries: Process, Major Steps, Purpose & Objectives Score: {{cp.lessonAssetIdToProgress[13693].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13693].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Real Accounts vs. Nominal Accounts: Definition, Differences & Examples Score: {{cp.lessonAssetIdToProgress[13694].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13694].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Post-Closing Trial Balance: Preparation & Purpose Score: {{cp.lessonAssetIdToProgress[13695].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13695].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Debt Financing: Definition, Types, Advantages & Disadvantages Score: {{cp.lessonAssetIdToProgress[17197].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17197].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Deficit Financing: Definition & Concept Score: {{cp.lessonAssetIdToProgress[15772].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15772].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - Differential Cost in Accounting: Definition, Analysis & Formula Score: {{cp.lessonAssetIdToProgress[16040].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16040].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - Direct Cost: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[16061].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16061].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - Direct Labor: Definition & Cost Formula Score: {{cp.lessonAssetIdToProgress[16009].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16009].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - Dividend Payout Ratio: Definition, Formula & Analysis Score: {{cp.lessonAssetIdToProgress[16056].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16056].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - How to Calculate Asset Turnover Ratio: Formula & Example Score: {{cp.lessonAssetIdToProgress[15962].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15962].bestScoreQuestions}}  Take Quiz Optional
Lesson 19 - How to Calculate Current Yield: Definition, Formula & Graph Score: {{cp.lessonAssetIdToProgress[16035].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16035].bestScoreQuestions}}  Take Quiz Optional
Lesson 20 - How to Calculate Depreciation Expense: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16050].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16050].bestScoreQuestions}}  Take Quiz Optional
Lesson 21 - How to Calculate Free Cash Flow: Formula, Analysis & Example Score: {{cp.lessonAssetIdToProgress[16019].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16019].bestScoreQuestions}}  Take Quiz Optional
Lesson 22 - How to Calculate Future Value: Formula & Example Score: {{cp.lessonAssetIdToProgress[15989].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15989].bestScoreQuestions}}  Take Quiz Optional
Lesson 23 - How to Calculate Gross Profit Margin: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16005].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16005].bestScoreQuestions}}  Take Quiz Optional
Lesson 24 - How to Calculate Interest Expense: Formula & Example Score: {{cp.lessonAssetIdToProgress[16039].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16039].bestScoreQuestions}}  Take Quiz Optional
Lesson 25 - How to Calculate Internal Rate of Return: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16065].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16065].bestScoreQuestions}}  Take Quiz Optional
Lesson 26 - How to Calculate Net Present Value: Definition, Formula & Analysis Score: {{cp.lessonAssetIdToProgress[16029].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16029].bestScoreQuestions}}  Take Quiz Optional
Lesson 27 - How to Calculate Net Profit Margin: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15999].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15999].bestScoreQuestions}}  Take Quiz Optional
Lesson 28 - How to Calculate Net Working Capital: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16032].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16032].bestScoreQuestions}}  Take Quiz Optional
Lesson 29 - How to Calculate Owner's Equity: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[16013].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16013].bestScoreQuestions}}  Take Quiz Optional
Lesson 30 - How to Calculate Payback Period: Method & Formula Score: {{cp.lessonAssetIdToProgress[16047].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16047].bestScoreQuestions}}  Take Quiz Optional
Lesson 31 - How to Calculate Profit Margin: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15988].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15988].bestScoreQuestions}}  Take Quiz Optional
Lesson 32 - How to Calculate Risk Premium: Definition & Formula Score: {{cp.lessonAssetIdToProgress[15972].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15972].bestScoreQuestions}}  Take Quiz Optional
Lesson 33 - How to Calculate Sales Revenue: Definition & Formula Score: {{cp.lessonAssetIdToProgress[16062].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16062].bestScoreQuestions}}  Take Quiz Optional
Lesson 34 - How to Calculate the Break Even Point - Definition & Formula Score: {{cp.lessonAssetIdToProgress[15788].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15788].bestScoreQuestions}}  Take Quiz Optional
Lesson 35 - How to Calculate the Degree of Operating Leverage: Formula & Example Score: {{cp.lessonAssetIdToProgress[15980].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15980].bestScoreQuestions}}  Take Quiz Optional
Lesson 36 - How to Calculate the Rate of Return: Definition, Formula & Example Score: {{cp.lessonAssetIdToProgress[15740].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15740].bestScoreQuestions}}  Take Quiz Optional
Lesson 37 - How to Calculate the Return on Equity: Definition, Formula & Example Score: {{cp.lessonAssetIdToProgress[15828].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15828].bestScoreQuestions}}  Take Quiz Optional
Lesson 38 - How to Calculate Yield to Maturity: Definition, Equation & Example Score: {{cp.lessonAssetIdToProgress[15998].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15998].bestScoreQuestions}}  Take Quiz Optional
Lesson 39 - Unearned Revenue in Accounting: Definition & Examples Score: {{cp.lessonAssetIdToProgress[16017].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16017].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Typical Problems with Financial Information Score: {{cp.lessonAssetIdToProgress[15039].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15039].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Internal Controls in Accounting: Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[15040].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15040].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Safeguards & Controls of Banking Activities Score: {{cp.lessonAssetIdToProgress[15041].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15041].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Control of Cash: Definition & Methods Score: {{cp.lessonAssetIdToProgress[15042].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15042].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Control of Cash Receipts & Disbursements Score: {{cp.lessonAssetIdToProgress[15043].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15043].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Earnings Management: Definition, Techniques & Examples Score: {{cp.lessonAssetIdToProgress[15044].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15044].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What is Bank Reconciliation? - Definition, Purpose, Process & Examples Score: {{cp.lessonAssetIdToProgress[15045].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15045].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Technology's Impact on the Internal Control System Score: {{cp.lessonAssetIdToProgress[15046].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15046].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Limitations of Internal Control in Financial Reporting Score: {{cp.lessonAssetIdToProgress[15047].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15047].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Sarbanes-Oxley Act: Definition and Explanation Score: {{cp.lessonAssetIdToProgress[15048].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15048].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - The Role of Auditors in the Accounting Process Score: {{cp.lessonAssetIdToProgress[15049].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15049].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Securities & Exchange Commission: Definition, History & Purpose Score: {{cp.lessonAssetIdToProgress[15050].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15050].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Substantive Procedures in Auditing: Definition & Explanation Score: {{cp.lessonAssetIdToProgress[7525].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7525].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - Financial Audit: Definition, Procedure & Requirements Score: {{cp.lessonAssetIdToProgress[7462].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7462].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Merchandising Company: Definition, Activities & Income Components Score: {{cp.lessonAssetIdToProgress[23183].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23183].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Items that Make Up Merchandise Inventory Score: {{cp.lessonAssetIdToProgress[23184].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23184].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Inventory Cost: Definition, Methods & Types Score: {{cp.lessonAssetIdToProgress[23185].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23185].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Accounting for Inventory Purchases Score: {{cp.lessonAssetIdToProgress[23186].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23186].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Perpetual and Periodic Inventory Systems Score: {{cp.lessonAssetIdToProgress[23187].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23187].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Recording Purchases Using the Perpetual System Score: {{cp.lessonAssetIdToProgress[23188].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23188].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Accounting for Inventory Sales Score: {{cp.lessonAssetIdToProgress[23189].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23189].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Recording Sales Using the Perpetual System Score: {{cp.lessonAssetIdToProgress[23190].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23190].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Reconciling the Bank Account After Purchases or Sales Score: {{cp.lessonAssetIdToProgress[23191].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23191].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Inventory Counting: Process & Methods Score: {{cp.lessonAssetIdToProgress[23192].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23192].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Inventory Valuation Methods: Specific Identification, FIFO, LIFO & Weighted Average Score: {{cp.lessonAssetIdToProgress[18503].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18503].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Importance of Evaluating Investment Management Score: {{cp.lessonAssetIdToProgress[23193].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23193].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - The Effects of Financial Statements on Costing Methods Score: {{cp.lessonAssetIdToProgress[23194].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23194].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - The Effects of Inventory Errors Score: {{cp.lessonAssetIdToProgress[23195].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23195].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - Net Realizable Value of Inventory: Definition & Method Score: {{cp.lessonAssetIdToProgress[23196].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23196].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - The Lower of Cost or Market of Inventory: Definition & Method Score: {{cp.lessonAssetIdToProgress[23197].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23197].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - The Three Purposes of Cost Allocation Score: {{cp.lessonAssetIdToProgress[80510].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80510].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - Cost Allocation of Service Departments Score: {{cp.lessonAssetIdToProgress[80511].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80511].bestScoreQuestions}}  Take Quiz Optional
Lesson 19 - Comparing Traditional Costing & Activity-Based Costing Score: {{cp.lessonAssetIdToProgress[80533].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80533].bestScoreQuestions}}  Take Quiz Optional
Lesson 20 - Implementing the Theory of Constraints (TOC) Score: {{cp.lessonAssetIdToProgress[80541].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80541].bestScoreQuestions}}  Take Quiz Optional
Lesson 21 - ABC Cost & Inventory Analysis: Examples Score: {{cp.lessonAssetIdToProgress[54309].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54309].bestScoreQuestions}}  Take Quiz Optional
Lesson 22 - Standard Cost Accounting System: Benefits & Limitations Score: {{cp.lessonAssetIdToProgress[80593].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80593].bestScoreQuestions}}  Take Quiz Optional
Lesson 23 - Standard Cost vs. Job Order Cost Accounting Systems Score: {{cp.lessonAssetIdToProgress[80594].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80594].bestScoreQuestions}}  Take Quiz Optional
Lesson 24 - Activity Cost Pools: Definition & Examples Score: {{cp.lessonAssetIdToProgress[54318].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54318].bestScoreQuestions}}  Take Quiz Optional
Lesson 25 - Process Costing vs. Job Order Costing Score: {{cp.lessonAssetIdToProgress[80524].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[80524].bestScoreQuestions}}  Take Quiz Optional
Lesson 26 - Activity-Based Costing: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[54320].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54320].bestScoreQuestions}}  Take Quiz Optional
Lesson 27 - Activity Ratios: Definition, Formula & Analysis Score: {{cp.lessonAssetIdToProgress[54445].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[54445].bestScoreQuestions}}  Take Quiz Optional
Lesson 28 - Variable Costing: Method, Formula & Advantages Score: {{cp.lessonAssetIdToProgress[16042].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16042].bestScoreQuestions}}  Take Quiz Optional
Lesson 29 - Giffen Goods: Definition, Examples & Demand Curve Score: {{cp.lessonAssetIdToProgress[243599].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243599].bestScoreQuestions}}  Take Quiz Optional
Lesson 30 - Veblen Goods: Examples & Demand Curve Score: {{cp.lessonAssetIdToProgress[243601].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243601].bestScoreQuestions}}  Take Quiz Optional
Lesson 31 - Book Value: Definition, Formula & Examples Score: {{cp.lessonAssetIdToProgress[243709].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243709].bestScoreQuestions}}  Take Quiz Optional
Lesson 32 - Day Sales of Inventory (DSI): Formula & Examples Score: {{cp.lessonAssetIdToProgress[243747].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243747].bestScoreQuestions}}  Take Quiz Optional
Lesson 33 - Days Sales Outstanding (DSO): Definition & Formula Score: {{cp.lessonAssetIdToProgress[243763].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243763].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Bonds: Types, Characteristics and Issuing Procedures Score: {{cp.lessonAssetIdToProgress[18505].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18505].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The Advantages of Bond Financing Score: {{cp.lessonAssetIdToProgress[18506].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18506].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What is a Bond Indenture? - Definition & Types Score: {{cp.lessonAssetIdToProgress[52478].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[52478].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Capital Goods: Definition & Examples Score: {{cp.lessonAssetIdToProgress[7906].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7906].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Current Liabilities: Definition & Examples Score: {{cp.lessonAssetIdToProgress[7533].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7533].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Liabilities in Accounting: Definition & Examples Score: {{cp.lessonAssetIdToProgress[7487].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7487].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Long-Term Debt: Definition, Cost & Formula Score: {{cp.lessonAssetIdToProgress[7543].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7543].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Short-Term Debt: Definition & Concept Score: {{cp.lessonAssetIdToProgress[7568].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7568].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Asset Price Bubble: Definition & Model Score: {{cp.lessonAssetIdToProgress[243629].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243629].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Collateralized Debt Obligations: Definition & Examples Score: {{cp.lessonAssetIdToProgress[243697].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243697].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - What is a Long Lived Asset? - Tangible & Intangible Score: {{cp.lessonAssetIdToProgress[328569].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[328569].bestScoreQuestions}}  Take Quiz Optional

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