Match the Time with the Appropriate Event

question 45

Multiple Choice

Match the time with the appropriate event. (Time periods may be used more than once:
-President Roosevelt proposed the New Deal Program to establish government programs.

• A)1848
• B)1880s
• C)1900-1917
• D)1917
• E)1920s
• F)1929-1939
• G)1932
• H)1939
• I)1939-1945
• J)1946-1952
• K)1950s
• L)1968-1978
• M)1980-1992
• N)Early 1990s
• O)1996
• P)2010

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Definitions:

Revenues

The total amount of income generated by the sale of goods or services related to the company's primary operations.

Profits

Financial gains obtained when the revenue from business activities exceeds the expenses, taxes, and costs of operating.

Temporary Difference

A discrepancy between the carrying amount of an asset or liability in the balance sheet and its tax base, creating taxable or deductible amounts in the future.

Straight-Line Depreciation

A technique for distributing the cost of an asset uniformly over its lifespan.