​Match the Accounting Terminology with Its Definition and Example

question 52

Multiple Choice

​Match the accounting terminology with its definition and example.Note: Answers may be used more than once.
-​Cash or other assets from stockholders in exchange for capital stock

• A)accounts payable
• B)​assets
• C)​corporation
• D)​cost
• E)​economic entity assumption
• F)​liabilities
• G)​market value
• H)​monetary unit assumption
• I)​note payable
• J)​(paid-in)capital
• K)​partnership
• L)​proprietorship
• M)​retained earnings
• N)stockholders' equity

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Definitions:

Employee Performance

The job-related actions and behaviors of an employee that contribute to the goals of the organization.

Goal-Setting Programs

Structured initiatives within an organization that aim to define and achieve specific objectives through actionable steps and milestones.

Planning

The process of setting goals, developing strategies, and outlining tasks and schedules to accomplish the objectives.

Evaluation

The process of systematically examining something to determine its merit, worth, or significance, often using specific criteria.