Match the Most Appropriate Term to the Definition

question 17

Multiple Choice

Match the most appropriate term to the definition.
-Contribution by noncustodial parent for monetary needs of the child

• A)annulment
• B)antenuptial agreement
• C)common law
• D)cohabitate
• E)joint custody
• F)tender years doctrine
• G)visitation
• H)permanent injunction
• I)legal separation
• J)no fault
• K)maintenance
• L)custody
• M)marital property
• N)property settlement agreement
• O)best interest
• P)preliminary injunction
• Q)child support
• R)dissolution of marriage
• S)capacity
• T)temporary restraining order

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Definitions:

Average Accounts Receivable

The average amount of money owed to a company by its customers for goods or services provided on credit, over a specific period.

Acid-test Ratio

A financial ratio that measures a company’s ability to pay off its short-term liabilities with its quick assets, offering insight into financial stability.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the normal operating cycle of a business.

Current Liabilities

Debts or obligations of a company due within a fiscal year or the operating cycle, whichever is longer.