Match the Term with Its Definition

question 17

Essay

Match the term with its definition.
a.Cash budget
b.Current ratio
c.Line of credit
d.Net working capital
e.Pro forma financial statements
f.Percentage-of-sales technique
g.Spontaneous debt financing
-Short-term debts, such as trade payables that automatically increase in proportion to a business's sales.

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Definitions:

Resocialization Stage

Involves the process of adjusting and learning new norms, values, attitudes, and behaviors to match a new role or social environment.

Entrance Transition Point

The moment or phase where an individual or group begins a new stage or enters a different environment or context, such as the beginning of a career or educational phase.

Hierarchical Structure

An organizational structure where entities are ranked according to levels of importance or authority.

Status Generalization

The process by which pre-existing status differences among individuals influence their status within a new or different social group, leading to a reinforcement of societal hierarchies.