Match Each Term with Its Definition

question 2

Multiple Choice

Match each term with its definition.
-Payee's signature on the back of a check

• A)deposit record
• B)deposit slip
• C)electronic funds transfer system
• D)endorsement
• E)endorser
• F)third-party check
• G)limited check
• H)maker
• I)MICR numbers
• J)money order

---

Definitions:

Depreciable Non-Current Asset

A long-term asset subject to depreciation, which systematically reduces its book value over its useful life to account for wear and tear.

NCI Share

NCI Share refers to Non-Controlling Interest share, which is the portion of equity in a subsidiary not attributable directly or indirectly to the parent company.

Useful Life

The estimated period over which a tangible asset is expected to be usable by the entity, affecting its amortization or depreciation rate.

Tax Rate

The rate at which taxes are levied on a person or a business entity.