Listed Below Are 5 Terms Followed by a List of Phrases

question 208

Multiple Choice

Listed below are 5 terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term.
-Premium on bonds

• A)Market rate higher than stated rate.
• B)Market rate less than stated rate.
• C)Legal, accounting, printing.
• D)No maturity payment.
• E)Many separate maturity dates.

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including material and labor expenses.

Time Ticket

A document that indicates the employee, the hours worked, the account and job to be charged, and the total labor cost.

Personal Exemptions

Deductions allowed on individual income tax returns, reducing the amount of income subject to taxation, based on the taxpayer and dependents.

Job Number

An unique identifier assigned to a specific job or project for tracking costs, progress, and billing.