Words That Replace Nouns So That They Do Not Have

question 28

Multiple Choice

Words that replace nouns so that they do not have to be repeated constantly are called

• A) verbs.
• B) prepositions.
• C) pronouns.
• D) interjections.

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Definitions:

Cost of Goods Sold

Expenses specifically related to producing the merchandise a company markets.

Acid-test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick or liquid assets.

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.

Liabilities

Financial obligations or debts owed by a business to others, which must be paid back.