Match the Term with Its Definition

question 32

Essay

Match the term with its definition.
a.Accrual-basis accounting
b.Cash-basis accounting
c.Current ratio
d.Financial statements
e.Liquidity
f.Operating profit margin
g.Return on assets
h.Return on equity
-A business's statement of profit and loss and other comprehensive income, statement of financial positions, and cash flow statements.

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Definitions:

Fly-fishing Rods

Specialty fishing equipment designed for fly fishing, characterized by a long, flexible rod used to cast artificial flies as bait to catch fish.

Mortgage-backed Securities

Financial instruments created by pooling together mortgages and selling interests in that pool to investors, transferring the mortgage-related risks.

Financial Meltdown

A severe and sudden downturn in financial markets, leading to a loss of asset values and confidence in the financial system.

Economic Model

A simplified representation of economic processes, used to analyze and predict economic behaviors and outcomes.