The Pair of Terms That Match Is

question 45

Multiple Choice

The pair of terms that match is:
i.Non-current fixed assets - depreciation
ii.Natural resources - amortisation
iii.Intangible assets - depletion
iv.Land - depreciation

• A)i,ii,iv
• B)i,ii,iii,iv
• C)ii,iii,
• D)i

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Definitions:

Sales In Receivables

Likely refers to the concept of "Accounts Receivables" which are amounts owed by customers for goods or services delivered on credit.

Decimal Place

The position of a number to the right of the decimal point; each position represents a power of ten.

Comparative Income Statement

A financial statement that compares income, expenses, and net profit over multiple periods to assess performance.

Percent Of Sales

A financial ratio that compares a certain figure or expense to the total sales, expressed as a percentage.