________ Refers to the Number of Years a Person Can

question 31

Multiple Choice

________ refers to the number of years a person can expect to spend without having serious diseases or being disabled.

• A)Healthy life expectancy
• B)Longevity
• C)Life span
• D)Centenarians

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Definitions:

Sales Revenues

The income received by a company from its sales of goods or services before any expenses are subtracted.

Accounts Payable

An account representing short-term liabilities to suppliers or creditors for goods and services received but not yet paid for.

Inventory

The goods and materials that a business holds for the ultimate goal of resale or production.

Cost of Goods Sold

The immediate expenses connected to the manufacturing of goods a company sells, such as materials and labor.