MATCHING Match the Person or Term with the with the Correct

question 139

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Samuel de Champlain

• A)claimed Brazil for Portugal in 1500
• B)founded Quebec
• C)Italian who sailed for Spain in 1492
• D)Dominican priest who preached against Spanish abuses of Indians
• E)British economist who wrote The Wealth of Nations
• F)Spanish conquistador who conquered the Aztecs
• G)sailed around southern Africa and into the Indian Ocean
• H)America was named for him
• I)first European to discover Newfoundland in 1497
• J)explored Florida
• K)led seven large naval expeditions in early 1400s
• L)developed a movable-type printing press

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Definitions:

Sell Receivables

The process of selling a company's accounts receivable to a third party at a discount in order to obtain immediate cash.

Ending Balance Sheet

A financial statement showing a company's assets, liabilities, and equity at the final moments of an accounting period.

Bill And Hold Sales

Transactions where revenue is recognized after billing the customer while the seller retains physical possession of the goods.

Shipments

The transportation of goods from one location to another.