Match the Terms with Their Correct Meanings

question 168

Multiple Choice

Match the terms with their correct meanings.

-Blood protein that contains iron and carries oxygen in red blood cells

• A)erythrocyte
• B)erythropoietin
• C)fibrin
• D)fibrinogen
• E)globulins
• F)granulocyte
• G)hemoglobin
• H)heparin
• I)immune reaction

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Definitions:

Historical Cost

The original monetary value of an asset or investment, based on its cost at the time of purchase or acquisition.

Equipment

Tangible assets used in the operation of a business, but not intended for resale.

Prepaid Rent Expense

An asset account that represents payments made for rent in advance of the rental period, which will be expensed over time as the rental period occurs.

Assets

Resources owned or controlled by a business, expected to produce future economic benefits.