The Suffix Is

question 7

Multiple Choice

The suffix is:

• A)the core of the word
• B)found at the end of the word
• C)the beginning of some words
• D)the combining of the word
• E)rarely used in the medical language

---

Definitions:

Deferred Tax Assets

Financial items on a company's balance sheet that reduce future tax liability due to deductible temporary differences, carryforwards, and credits.

Consolidation

The process of combining the financial statements of a parent company with those of its subsidiaries, to present accounts as if the group were a single entity.

Adjustments

Changes made to preliminary financial statement figures to correct errors, account for prepayments, accruals, or to reflect a more accurate representation of the financial position.

Acquisition Method

An accounting technique used in consolidating the financial statements of a group in which a new acquisition is included.