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Match the Term with Its Definition

question 86

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 measure of how well a business is controlling its cost of goods sold and operating expenses relative to sales, determined by dividing operating profits by sales.


Definitions:

Will Meaning

Denotes the mental faculty by which one deliberately chooses or decides upon a course of action.

Drive Succeed

The inner motivation or desire to achieve success in one's endeavors or pursuits.

Defer Gratification

The process of resisting the temptation of an immediate reward in preference for a later reward.

Inhibit Impulse

The psychological mechanism through which an individual restrains or controls their instincts or desires.

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