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Match the Term to Its Definition or Description

question 8

Multiple Choice

Match the term to its definition or description.
-​Refers to an eye test to determine color vision


Definitions:

Account Groups

Classifications of accounts that share common characteristics, used to organize and summarize financial information in the general ledger.

Cash

Money in the form of bills or coins; an asset that is readily available for transactions.

Dividends

Distribution of a corporation’s earnings to stockholders.

Closed

Refers to an account, operation, or period that has been finalized and no longer available for transactions or adjustments.

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