Match the Term and the Explanation

question 115

Multiple Choice

Match the term and the explanation.There are more definitions than terms.
-Net Profit Margin

• A)The concept that expenses should be reported at the same time as the related revenue.
• B)Reported when a company sells goods or services in the ordinary course of business for more than it costs to produce.
• C)A company's policy on when to report revenue in the financial statements.
• D)A ratio that indicates the percent of each revenue dollar that is left over after covering costs and expenses.
• E)Reporting expenses and revenue according to the time the underlying activities occur.
• F)A liability account indicating customers have already paid for services not yet rendered.
• G)The principle that changes in assets must be matched by changes in liabilities and equity.
• H)An indication that a company has already paid a cost not yet incurred.
• I)A list of account balances when the accounts do not yet include all revenues and expenses.
• J)Also known as net assets,this is the value of assets minus liabilities.
• K)Reporting expenses and revenues according to the time the money is paid or received.

---

Definitions:

Peaks

Points on a graph, often seen in spectroscopy or chromatography, representing the maximum intensity or concentration of a component within a sample.

Spectral Data

Information obtained from measuring the interaction of electromagnetic radiation with matter, typically used in analysis of chemical properties.

Triplet

A splitting pattern in NMR spectroscopy, where a peak is divided into three distinct components, often due to two equivalent neighboring nuclei.

IR

Infrared spectroscopy, a technique used to identify and study chemicals through the interaction of infrared radiation with molecular vibrations.