Match the Term in the Numbered Column with the Answer

question 7

Multiple Choice

Match the term in the numbered column with the answer in the lettered column.
-Evidence and arguments offered by a defendant and his or her attorney to show why the defendant should not be held liable for a criminal charge.

• A)Excuse
• B)Justification
• C)Alibi
• D)Defense

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Definitions:

Current Liability

A company's debts or obligations that are due to be paid to creditors within one year.

Loan Requests

are formal applications made by individuals or companies to borrow money from financial institutions.

Financial Statements

Financial Statements are written records that convey the business activities and the financial performance of a company, including the balance sheet, income statement, and cash flow statement.

Trial Balance

A financial worksheet that consolidates all ledger balances into equal debit and credit columns for each account.