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What is this?

By Dennis McCafferty  |  Posted 03-22-2011 Print

Think you have what it takes to go toe-to-toe with your CFO in a jargon-filled smackdown? Take our quiz and see if you're really a master of financial doublespeak. If not, take heart, for you are far from alone. There's probably a lot your CFO is not telling you. And, many a head spins in meetings as the CFO intentionally tosses about obscure financial terms, and then acts as if anyone with half a brain should know what he means. In an unguarded moment, you may have even gotten your CEO to confess that he simply nods his head during such moments and pretends to know what's going on. Fortunately, hundreds of CFO-isms has been compiled into one book, The Essentials of Finance and Accounting for Nonfinancial Managers (Amacom/Available now). Author Edward Fields demystifies the bewildering, universal language in which all finance types seem to take delight. Before long, you'll have your CFO gasping at your knowledge of GAAP (Generally Accepted Accounting Principles) and grooving to your command of OM (Operating Margin). Our quiz is based on the financial phrases, practices and concepts explored in the book.

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This practice is designed to ensure that information presented -- such as that to business officers -- is true.



 

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