Choose from the Terms Listed and Match Them with Their

question 21

Multiple Choice

Choose from the terms listed and match them with their most correct description. You may use the same answer more than once.
-Surgical removal of the eyeball after the eye muscles and optic nerve have been severed

• A)Enucleation
• B)Evisceration

---

Definitions:

Liability

Financial obligations or debts owed by a company to external parties or individuals.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Deferred Tax Liability

Created when differences in financial reporting and tax reporting cause accounting income to be higher than tax income in a given period.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to a net income or loss.