Match the Following Terms with Their Definitions

question 61

Multiple Choice

Match the following terms with their definitions.
-Accounts receivable

• A)Uses a base year
• B)Inventory and prepaid expenses are subtracted
• C)A liability
• D)Net sales ÷ total assets
• E)Actual sale after returns on discounts
• F)Current assets ÷ current liabilities
• G)What we owe creditors
• H)Data placed side by side
• I)Cash, supplies
• J)Obligations due within one year
• K)Cost of goods for resale
• L)Obligations that are not due for at least one year
• M)Total this period is compared by amount of percent to same total last period
• N)Part of stockholders' equity
• O)What customers owe
• P)Dollars not shown
• Q)Paid in advance
• R)Profit
• S)Revenues and expense for a specific period of time
• T)Prepared as of a particular date
• U)Beginning inventory plus new purchases - ending inventory
• V)True cost of purchases
• W)Includes no plant and equipment assets
• X)Sales - cost of goods sold
• Y)Each liability and equity is analyzed as a percent of the total

---

Definitions:

Eidetic Memory

The rare ability to recall images, sounds, or objects with high precision for a brief period after being exposed to them, often referred to as photographic memory.

Auditory Stimulation

The exposure to sound or noise, which can influence brain activity and behavior, being critical in processes like learning and communication.

Visual Stimuli

External cues or objects within the environment that are seen and can influence a person's behavior or emotional state.

Scientific Term

A word or phrase typically used in scientific literature to describe specific concepts, processes, or entities in a concise and precise manner.