Listed Below Are Eight Terms Followed by a List of Phrases

question 145

Multiple Choice

Listed below are eight terms followed by a list of phrases that describe or characterize the terms. Match each phrase with the best term placing the number designating the term in the space provided.
-     A profit or loss unusual in nature and infrequent in occurrence. 

• A) Liquidity 
• B) Conservative accounting practices 
• C) Solvency 
• D) Extraordinary item 
• E) Discontinued operation 
• F) Horizontal analysis 
• G) Vertical analysis 
• H) Aggressive accounting practices 

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Definitions:

Failure To Thrive

A condition seen in children who do not gain weight or grow as expected, often due to medical or environmental factors.

Nondistracting Environment

An area or setting designed or arranged to minimize distractions, facilitating focus and concentration.

Marasmus

A severe form of malnutrition caused by a significant deficiency of calories and protein.

Edema (Ascites)

An accumulation of fluid in the peritoneal cavity of the abdomen, often due to liver disease or failure.