Select the Correct Form of Each Verb

question 39

Multiple Choice

Select the correct form of each verb. Some verbs are regular; others are irregular. The child ______________ to her dolls as she put them in the crib.

• A) singed
• B) sing
• C) sang

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Definitions:

Operating Expenses

Costs incurred through normal business operations, such as rent, utilities, and payroll, that are not directly tied to production.

Periodic Inventory System

A system where inventory levels and cost of goods sold are determined at the end of the accounting period, rather than continuously.

Double Entry Accounting

An accounting system that maintains the balance of the accounting equation (Assets = Liabilities + Equity) by recording each transaction twice, once as a debit and once as a credit.

Single Entry Accounting

A method of bookkeeping that records only one side of each financial transaction, typically sufficient for smaller, simpler businesses.