Examlex

Solved

Match Each Item with the Correct Statement Below

question 30

Multiple Choice

Match each item with the correct statement below.
-Substance that minimizes systemic absorption of ingested poison


Definitions:

Depreciation

A method of allocating the cost of a tangible asset over its useful life.

Amortization

The process of spreading out a loan into a series of fixed payments over time, covering both principal and interest.

Pure Endowment

An insurance policy where the insurer agrees to pay a specified sum of money at the end of a determined period on the condition that the insured is still alive.

Quasi-Endowment

Funds that are not permanently restricted under the terms of the gift but are designated by the governing board to function as an endowment, thus not easily expendable for general operations.

Related Questions