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Jim Often Has the Fear That He Has Left the Gas

question 178

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Jim often has the fear that he has left the gas stove on in his house and that because of this,his house will burn down and kill his family.As a result,he frequently checks and rechecks the knobs on his stove all day long and often in the middle of the night.In this example,Jim's thoughts about his house burning down would best be considered as an example of a(n) :

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Definitions:

Inception

The beginning point or establishment of an activity, agreement, or document.

U.S.GAAP

The collection of authoritative standards and principles for financial accounting and reporting in the United States, established by the Financial Accounting Standards Board.

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) aiming at standardizing financial reporting across the globe.

Liquidity

A measure of a company's ability to pay off its short-term liabilities with its available cash and quick assets.

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