Match Each of the Following Terms with the Appropriate Definitions

question 228

Multiple Choice

Match each of the following terms with the appropriate definitions.
-The charge a borrower pays for using money borrowed.

• A)Expense recognition (matching) principle
• B)Realizable value
• C)Interest
• D)Bad debts
• E)Accounts receivable
• F)Aging of accounts receivable
• G)Allowance for doubtful accounts
• H)Promissory note
• I)Payee of a note
• J)Maker of a note

---

Definitions:

Performance Appraisal

A systematic evaluation of an employee's performance in their job duties, often used to inform decisions regarding promotions, pay raises, and training.

Communications Manager

A professional responsible for overseeing and directing an organization's internal and external communication strategies and activities.

Financial Year

A period used for calculating annual financial statements in businesses and other organizations, typically lasting for 12 months.

Policy and Procedure Bulletin

A document issued by an organization to communicate new or updated policies and procedures to its members or employees.