Match These Terms with Their Definitions

question 31

Multiple Choice

Match these terms with their definitions.
-The process used to determine the amount of interest to be recorded in each of the periods the liability is outstanding.

• A)Bond
• B)Contract, coupon, stated rate
• C)Discount
• D)Effective interest rate method
• E)Face value, par value, principal
• F)Interest amortization
• G)Lease
• H)Lessee
• I)Lessor
• J)Leverage
• K)Long-term debt
• L)Market rate, yield
• M)Maturity
• N)Premium
• O)Straight-line method

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Definitions:

Nutrient Cycle

The natural process of recycling nutrients in various chemical forms from the environment to organisms and back to the environment.

Gaseous Phase

A state of matter characterized by neither a defined shape nor volume, with molecules moving freely, much faster than in liquid or solid states.

Phosphorus Cycle

The worldwide circulation of phosphorus from the abiotic environment into living things and back into the abiotic environment.

Nitrogen-Fixing Bacteria

Bacteria capable of converting atmospheric nitrogen into organic compounds usable by plants.