The Suffix -Er Means Both Relating to And

question 104

Multiple Choice

The suffix -er means both relating to and:

• A) action.
• B) pertaining to.
• C) nature.
• D) one who.

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Definitions:

Cost of Goods Sold

The explicit expenses linked to manufacturing the products a business sells, including costs for materials and labor.

Balance Sheet

A document detailing a business's assets, liabilities, and equity of shareholders at a particular moment, offering an overview of its financial health.

Spreadsheet

A digital document where data is arranged in rows and columns, commonly used for calculations and data analysis.

Job-Order Costing

An accounting method where costs are assigned to specific jobs or batches, allowing for a detailed tracking of production costs.