Match the Meanings with Their Correct Suffixes

question 92

Multiple Choice

Match the meanings with their correct suffixes.

--pathy

• A)falling, drooping, prolapse
• B)surgical repair
• C)nourishment or development
• D)fear
• E)blood condition
• F)formation
• G)enlargement
• H)softening
• I)disease condition
• J)deficiency

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Definitions:

Perpetual Inventory System

In accounting for inventory, this method promptly captures the transaction of a sale or purchase using advanced computerized point-of-sale systems and enterprise asset management software.

Cost of Goods Sold

The total cost of manufacturing or acquiring the inventory that was sold during a specific period.

Credit Card Fees

Charges imposed by credit card companies for the processing of transactions, often including a percentage of the transaction amount and a flat fee.

Multiple-Step Income Statement

An income statement that separates operating transactions from non-operating transactions and calculates gross margin and operating income.