Match the Terms with the Definitions

question 48

Multiple Choice

Match the terms with the definitions.
-A written agreement specifying that if the borrower does not repay a debt, the lender has the right to take over specific property to satisfy the debt.

• 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

Identify the chemical and physical properties of materials involved in fires.

Comprehend the role of heat in the process of combustion and the concept of thermal equilibrium.

Recognize the importance of oxygen in combustion reactions.

Understand the process of balancing chemical equations for combustion.

---

Definitions:

Economic Recovery Tax Act

A law enacted in the United States in 1981, aimed at lowering income taxes to spur economic growth.

Clothes-Changing Time

The duration employees spend changing into work-specific clothes or uniforms, often discussed in context of compensation.

On-Site Physical Facilities

Physical resources and infrastructure located at the business premises, such as buildings and equipment.

Wash-Up Time

The time allowed during a work period for employees to clean themselves and their equipment after performing dirty work.