Question: Knowledge Check 0 1 Match the term and the definition. table [ [ TERMS , DEFINITIONS ] , [ , , table [
Knowledge Check
Match the term and the definition.
tableTERMSDEFINITIONStableInflows or other enhancements of assets of an entity or settlements of its liabilities during a period from delivering or producing goods,rendering services, or other activities that constitute the entity's ongoing central operationstableOutflows or other using up of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services,or other activities that constitute the entity's ongoing central operations Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or eventstableProbable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or provideservices to other entities in the future as a result of past transactions or eventsResidual interest in the assets of an entity that remains after deducting its liabilities
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