Solved

Match Each of the Following Terms with the Most Appropriate

Question 284

Matching

Match each of the following terms with the most appropriate definition.

Premises:
Resources such as cash that a stockholder puts into the company.
The uncertainty about the return to be earned.
Resources such as cash that a company distributes to stockholders for personal use.
Expresses the relation of assets,liabilities and equity in a company,comparing the resources the company owns to the sources of funds to acquire the resources.
Resources a company owns or controls that are expected to yield future benefit.
Decreases in equity from costs of providing products or services to customers.
A financial ratio stated as income divided by assets invested.
Creditor's claims on a company's assets.
Responses:
Return on assets
Liabilities
Expenses
Contributed capital
Risk
Accounting equation
Dividends
Assets

Correct Answer:

Resources such as cash that a stockholder puts into the company.
The uncertainty about the return to be earned.
Resources such as cash that a company distributes to stockholders for personal use.
Expresses the relation of assets,liabilities and equity in a company,comparing the resources the company owns to the sources of funds to acquire the resources.
Resources a company owns or controls that are expected to yield future benefit.
Decreases in equity from costs of providing products or services to customers.
A financial ratio stated as income divided by assets invested.
Creditor's claims on a company's assets.
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