Match the Terms with the Definitions

question 54

Multiple Choice

Match the terms with the definitions.
-The number of times the accounts receivable turned over, or were collected, during the accounting period.

• 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

Understand the implication of labor productivity growth on real GDP per capita.

Analyze the role of technological change in economic development and worker displacement.

Understand the relationship between sales growth and inventory requirements.

Identify components and processes involved in strategic planning and financial forecasting.