Match the Following Terms with Their Definitions

question 74

Multiple Choice

Match the following terms with their definitions.
-Accounts payable

• A)Uses a base year
• B)Inventory and prepaid expenses are subtracted
• C)A liability
• D)Net sales ÷ total assets
• E)Actual sale after returns on discounts
• F)Current assets ÷ current liabilities
• G)What we owe creditors
• H)Data placed side by side
• I)Cash, supplies
• J)Obligations due within one year
• K)Cost of goods for resale
• L)Obligations that are not due for at least one year
• M)Total this period is compared by amount of percent to same total last period
• N)Part of stockholders' equity
• O)What customers owe
• P)Dollars not shown
• Q)Paid in advance
• R)Profit
• S)Revenues and expense for a specific period of time
• T)Prepared as of a particular date
• U)Beginning inventory plus new purchases - ending inventory
• V)True cost of purchases
• W)Includes no plant and equipment assets
• X)Sales - cost of goods sold
• Y)Each liability and equity is analyzed as a percent of the total

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Definitions:

Psychic Energy

In psychoanalytic theory, a concept denoting the force or process underlying mental activity and productivity, originally described by Freud.

Aggressive Drive

An innate or developed compulsion that pushes individuals toward hostile or assertive actions to achieve their goals.

Human Nature

The inherent characteristics, feelings, and behavioral traits shared by all humans.

Libido

A term used in psychoanalytic theory to denote the energy of the sexual drive.