Forms Post

Engagement forms are forms you fill out in order to be engaged.

 A university form for driver authentication, so that no one takes your car.

 

Registration form, used for when someone is being registered in a school, class, etc.

Business Documents

 

 

Meeting Agenda:

 

A meeting agenda is the list of items that participants hope to accomplish at a meeting. The agenda should be distributed to participants several days in advance of a meeting, minimally 24 hours, so that participants have the opportunity to prepare for the meeting.

 

Meeting Minutes:

Minutes, also known as protocols or, informally, notes, are the instant written record of a meeting or hearing

 Travel Itinerary:

A planned route or journey during travel or an event.

 

Purchase Order:












A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services


Invoice:


A list of goods sent or services provided, with a statement of the sum due for these; a bill.

 

PO & Sales Invoice

PO, Purchase order: a commercial document used to request someone to supply something in return for payment and providing specifications and quantities; "IBM received an order for a hundred computers".

 

Sales Invoice, is a document showing details of goods sold and the prices of those goods.

5 Basic rules of successful investing!

 

1. Wealth takes time.

Once you invest the money takes time to increase and sometimes the stocks bought do not work out and you end up loosing money, so patience and time is everything when investing.

 

2. Most financial problems are caused by debt.
You can be a brilliant worker (or investor) and find yourself in financial ruin if you don’t respect the power of debt. Income, wealth, and standard of living aren’t as correlated as people think.

3. Forecasting market returns is close to impossible. Worse, it’s dangerous.
Assuming we can predict exactly what stocks will do in the future makes us blind to risk and uncertainty. Coming to terms with an unpredictable future forces us to be nimble and prepared. You can guess which group does better.

4. Simple can be better than smart.
Good businesses run by good people purchased at good prices held for as long as possible. That’s it.

5. The odds of experiencing stock market volatility are exactly 100%.
Stocks produce superior long-term returns, but at the cost of higher volatility.

Vocabulary BOSAS 3AZ State Assessment

1. Insert/ place graphics into documents-  Pictures & clip art can be inserted or copied into a document from many different sources, including downloaded from clip art Web site provider, a Web page, or inserted from a folder where you save pictures



2. 5 Functions of management-  Planning, Organizing, Staffing, Leading, & Monitoring



3. Résumés - A document used by persons to present their backgrounds and skills. Résumés can be used for a variety of reasons, but most often they are used to secure new employment



4. Social responsibility of business- the responsibility of every student for his/her actions. It is morally binding on everyone to act in such a way that the people immediately around them are not adversely affected. It is a commitment everyone has towards the society – contributing towards social, cultural and ecological causes

5. Savings account-accounts maintained by retail financial institutions that pay interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. For the bank, money in a savings account may not be callable immediately and in some jurisdictions, does not incur a  reserve requirement, freeing up cash from the bank's vault to be lent out with interest

6. Compound Interest- Interest that accrues on the initial principal and the accumulated interest of a principal deposit, loan or debt

7. Simple Interest-  is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,or money earned by deposited funds.

8. Checking account- A transactional deposit account held at a financial institution that allows for withdrawals and deposits

 

9. Check endorsement-Check endorsements are how the back of the check is signed or stamped.

10. Check Writing-Writing a check is an important adult skill that everyone should know. Filling out a check is relatively easy as long as you know what goes where

11. Bank Statement- is a summary of financial transactions which have occurred over a given period of time on a bank account held by a person or business with a financial institution

12. Check book reconciliation- keep track of your transactions in checkbook

13. Deposit Slip-A small written form that is sometimes used to deposit funds into your account

14. Differences between Bank and Credit Union-

15. Credit Card- is a payment card issued to users as a system of payment

16. Credit History-Your credit history describes how you use money

17. Credit report-a record of an individual's or company's past borrowing and repaying, including information about late payments and bankruptcy

18. FICO score- a person's credit score calculated with software from Fair Isaac Corporation

19. Debit card-a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.

20. Credit card interest rate- the price you pay for borrowing money.

Credit

 

 

 

1. Fiction: Applying for a new credit card will only impact your credit score if you use the card.
   
   Fact: Applying for new credit accounts for up to 10% of your credit score, even if you don't use the card. Frequently applying for new credit can hurt your credit score, so make sure you really need that new card before you apply for it.
2. Fiction: Paying less than the total minimum payment on your credit card bill doesn't count as a missed payment.
   Fact: If you don't pay at least the total minimum payment on your credit card bill, your credit card company may report it as a missed payment. This can bring down your credit score and make it more difficult to qualify for credit in the future. Check your statement for the minimum amount due, and always pay it on time to keep your account current. And remember, paying more than the minimum amount due is a great way to pay down your debt.
3. Fiction: A high credit card limit is not a good thing.
   Fact: Not necessarily. In fact, if you manage your credit cards wisely, a high credit limit can actually be advantageous. Thirty percent of your credit is based on your debt-to-credit ratio  (the amount you owe in proportion to your total credit limit). If you have a high credit limit and you keep your balances low, your debt-to-credit ratio will also be low, so a higher credit limit can help you protect your good credit score. But this is only the case if you continue to keep your balances low.
4. Fiction: You must carry a balance on your credit cards to build a credit history.
   Fact: You do need to use your credit cards to build a credit history, but that doesn't mean you must carry an unpaid balance. In fact, your best strategy is to use your credit cards and pay off the bill in full each month so you keep your overall debt-to-credit limit low.
5. Fiction: The more credit cards you have, the better.
   Fact: You don't need to restrict yourself to just one card, but refrain from opening credit cards too frequently. The number of credit cards you carry makes up about 10% of your credit score, so having a large number of credit cards may negatively impact your credit score.

Now that you have a good handle on the basic facts about credit cards—as well as the most common misconceptions—you're on your way to better managing your credit and building a great credit score.

 

Bank Of America

Simple Interest, Compount Interest, Saving & What I learned from Ms.Austin

Simple Interest is interest payed on the principle alone.

 

Formula:

Compound interest is when interest is added to the principal of a deposit or loan.

 

Formula:

 



Savings: the money one has saved, esp. through a bank or official scheme

What I learned from Ms. Austin:
I learned that if I put my money in savings and leave it there for a long time, over the years I will get money back just for keeping it there and if I have compound interest, the interest will keep increasing by the new interest amount.