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Match the Term with Its Definition

Question 107

Multiple Choice

Match the term with its definition.
-Money in the bank as well as securities that can be sold very quickly, such as a government security


A) accrual-basis accounting
B) cash
C) cash-basis accounting
D) depreciable assets
E) depreciation expense
F) financial statements
G) inventory
H) liquidity
I) operating profit margin
J) return on assets
K) return on equity

Correct Answer:

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