Match Each Definition with the Correct Term

question 50

Multiple Choice

Match each definition with the correct term.
-kidneys

• A)collects urine produced by the kidney
• B)functional units of the kidneys
• C)organs that remove waste products from blood
• D)outer layer of the kidney
• E)a cluster of capillaries surrounded by the Bowman's capsule

---

Definitions:

Total Assets

The sum of all assets owned by an entity, including both current and noncurrent assets, as reported on the balance sheet.

Purchasing Supplies

The act of obtaining materials, goods, or tools needed to operate a business or complete a task.

Assets

Economic resources or items of value owned by an individual or organization, including tangible and intangible resources, that can be used to produce positive economic value.

Liquidity

The ease with which an asset or security can be converted into ready cash without affecting its market price.