Match Each Account Name to the Financial Statement Section A-I)

question 54

Multiple Choice

Match each account name to the financial statement section a-i) in which it would appear.
-Buildings

• A)Current Assets
• B)Fixed Assets
• C)Intangible Assets
• D)Current Liability
• E)Long-Term Liability
• F)Owners' Equity
• G)Revenues
• H)Operating Expenses
• I)Other Income/Expense

---

Definitions:

Qualitative Forecasting

The method of prediction based on non-quantifiable information such as expert opinions, industry trends, and qualitative comparisons.

Scenario Planning

A method used by organizations to visualize and plan for possible future conditions or events and how to respond to them.

Nominal Group Techniques

A structured method for group brainstorming that encourages contributions from everyone in the group and is used to generate and prioritize ideas or solutions.

Linear Relationship

A direct correlation between two variables where a change in one variable is consistently associated with a proportionate change in the other.