Match the Terms with the Definitions

question 23

Multiple Choice

Match the terms with the definitions.
-Cash and all other assets expected to be converted into cash or consumed within one year or the normal operating cycle of the business, whichever is longer.

• A)accounts receivable turnover
• B)average collection period
• C)reversing entry
• D)return on owner's equity
• E)current assets
• F)current liabilities
• G)current ratio
• H)post-closing trial balance
• I)Mortgage Payable
• J)income from operations
• K)interstatement analysis
• L)mortgage
• M)long-term liabilities

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Definitions:

Drug Enforcement Agency (DEA)

A United States federal agency responsible for enforcing the controlled substances laws and regulations, aiming to combat drug trafficking and abuse.

Fire Department

An organization responsible for providing firefighting services as well as rescuing people from dangerous situations such as fires, accidents, and disasters.

Insurance Companies

Organizations that provide financial protection and compensation for losses or damages in exchange for premium payments.

Résumé

A summary, especially of work experiences; describes to prospective employers your employment objectives, educational background, previous work experience, professional affiliations, community service, personal interests, honors, and whatever else you feel is important for them to know.