Match the Following Terms with the Appropriate Definition

question 189

Multiple Choice

Match the following terms with the appropriate definition.
-Any 12 consecutive months or 52-week period that a company adopts for its annual reporting period.

• A)Accrued revenues
• B)Expense recognition (matching) principle
• C)Cash basis accounting
• D)Depreciation
• E)Accrual basis accounting
• F)Interim financial statements
• G)Straight-line depreciation
• H)Time period assumption
• I)Fiscal year

---

Definitions:

Sodium Channels

Specialized protein molecules in cell membranes that allow the passage of sodium ions into and out of the cell, playing a crucial role in generating and conducting electrical signals.

Graded Potentials

Changes in electrical charge across the cell membrane that vary in size and are not propagated in an all-or-none manner.

Channels

Structures or means through which substances or signals are able to pass or be conveyed in a biological system.

Channels

Pathways or conduits through which substances such as ions or molecules can move across cell membranes or within the body or an organism.