Match the Terms with the Definitions

question 62

Multiple Choice

Match the terms with the definitions.
-Those obligations that will extend beyond one year or the normal operating cycle, 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:

Population

Any well-defined group of people (or things) that researchers want to know something about.

Researchers

Individuals who conduct systematic investigations to establish facts or principles or to collect information on a subject.

Sample

A group of people (or things) that are representative of the population that researchers want to study.

Representative

A person chosen or appointed to act or speak for another or others, especially in a political context.