39. Match the term that best represents the definition or statement given below. No term should be used more than once, and not all terms will be used.

Question 39 options: A. A pro rata distribution of the corporation's own stock to stockholders.

B. The correction of an error in previously issued financial statements.

C. Costs that a manager has the authority to incur within a given period of time.

D. Measures the ability of the company to survive over a long period of time.

E. Debt securities that the investor has the intent and ability to hold to maturity.

F. The difference between actual overhead and budgeted overhead at actual production level.

G. The portion of retained earnings that is currently unavailable for dividend declarations.

J. Events and transactions that are unusual in nature and infrequent in occurrence.

K. An accounting method in which the investment in stock is initially recorded at cost and cash dividends are credited to Dividend Revenue.

L. The amount of revenue remaining after deducting variable costs.

M. The differences between actual costs and standard costs.

N. The net income earned by each share of outstanding common stock.

O. The disposal of a significant segment of a business.

P. Costs that vary in total directly and proportionately with changes in the activity level.

Q. Standards based on optimum levels of performance under perfect operating conditions.

R. Measures of the short-term ability of an enterprise to pay its maturing obligations and to meet unexpected needs for cash.

1. Accounts receivable

2. Book value per share

3. Capital lease

4. Contribution margin

5. Contribution margin ratio

6. Controllable costs

7. Cost accounting

8. Cost method

9. Discontinued operations

10. Earnings per share

11. Equity method

12. Extraordinary items

13. Fixed costs

14. Held-to-maturity securities

15. Horizontal analysis

16. Ideal standards

17. Liquidity ratios

18. Noncontrollable costs

19. Normal standards

20. Operating lease

21. Overhead budget variance

22. Overhead volume variance

23. Parent company

24. Period costs

25. Prior period adjustment

26. Product costs

27. Retained earnings appropriation

28. Solvency ratios

29. Stock dividend

30. Stock split

31. Variable costs

32. Variances