Select the Letter of the Verb That Agrees with the Subject

question 103

Multiple Choice

Select the letter of the verb that agrees with the subject.
-Nathan (live, lives) in an apartment in the city.

• A) live
• B) lives

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Definitions:

Short-Term Financing

Refers to the borrowing of funds for a period of less than one year to meet immediate financial needs.

Trust Receipts

Trust receipts are documents issued by banks to borrowers indicating that the bank holds the title to imported goods until the loan is repaid.

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.

Accruals

Accounting adjustments for revenues that have been earned or expenses that have been incurred but not yet recorded.