Match the Term with Its Definition

question 34

Multiple Choice

Match the term with its definition.
-Profits as a percentage of sales

• A)accrued expenses
• B)cash flow activities
• C)cost of goods sold
• D)gross profits
• E)long-term debt
• F)long-term note
• G)net profits
• H)operating profits
• I)profit margins
• J)profits before taxes (taxable income)
• K)short-term notes
• L)statement of cash flows

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Definitions:

Cohabitation

The practice of sharing a life together in a romantic bond without the formal ties of marriage.

Educational Levels

The stages or degrees of formal learning, ranging from primary education to tertiary education and beyond.

Income Levels

Categories of annual personal or household earnings, often segmented into brackets such as low, middle, and high income.

Same-sex Civil Unions

Legal relationships offered by some jurisdictions to same-sex couples, providing rights and responsibilities similar to those of marriage, but without the designation of marriage.