Match the Term and Its Definition

question 159

Multiple Choice

Match the term and its definition.There are more definitions than terms.
-Receivables Turnover

• A)The portion of Accounts Receivable that the company expects to collect.
• B)The time at which a loan must be repaid.
• C)An agreement by a borrower to repay the lending company with interest during a specified time period.
• D)The days of the year divided by the net sales revenue.
• E)A financial statement that shows the calculation of Bad Debt Expense for a company.
• F)Total money owed the company for sales made on credit.
• G)An account that is debited for the amount of credit sales estimated as uncollectible.
• H)A contra-asset account.
• I)The time at which a borrower must make annual interest payments.
• J)Net credit sales revenue divided by the average net receivables.
• K)Net credit sales revenue divided by the net income.
• L)The days of the year divided by the receivables turnover ratio.

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Definitions:

Copyleft

A licensing protocol that allows for the free distribution and modification of copyrighted work, as long as all copies and derivatives remain under the same license terms.

Copyright

A legal term that protects the original works of authors, composers, and artists, ensuring they have exclusive rights to their creations.

Copyleft

A licensing concept that grants the right to freely distribute and modify copyrighted work, with the stipulation that all derived work must be distributed under the same or similar license.

Real Property

A legal term encompassing real estate and the land on which it sits, along with any permanent structures or improvements attached to the land, such as buildings.