Matching Match the Following Terms with the Statement to Which They

question 17

Short Answer

Matching
Match the following terms with the statement to which they best correspond.
-seed plants possessing cones that are specialized spore-bearing structures
A)angiosperms
B)conifers
C)club mosses
D)bryophytes
E)ferns
F)gymnosperms
G)ginkgos
H)horsetails

• A)angiosperms
• B)conifers
• C)club mosses
• D)bryophytes
• E)ferns
• F)gymnosperms
• G)ginkgos
• H)horsetails

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Definitions:

Completed-Contract Method

An accounting technique where revenue and expenses of a long-term contract are recorded only when the project is completed.

Construction In Progress

An accounting term for the financial balance of construction costs attributed to assets under construction that have not yet been completed.

Realization

The process of converting non-cash assets into cash or recognizing revenue when goods or services are delivered, generating measurable income.

Noncash Resources

Assets or resources that do not have a direct cash value or cannot be easily converted to cash, such as goodwill, patents, and trademarks.