The Following Sentences Form a Paragraph

question 25

Multiple Choice

The following sentences form a paragraph. For each item, select the letter of the word that is misspelled. Some origami creations have moving parts. A bird can flap its delecate wings; a frog can hop when someone touches its back.

• A) creations
• B) delecate
• C) touches

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Definitions:

Net Income

The amount of earnings after all expenses and taxes have been deducted from revenue.

Ending Inventory

The cumulative worth of merchandise ready for purchase at the closure of a financial period.

LIFO Method

Last In, First Out method; an inventory valuation technique where the latest items added to the inventory are the first to be sold.

Cost of Merchandise Sold

The total cost incurred to purchase or produce the goods sold by a company during a specific period.