Overextension Occurs When

question 68

Multiple Choice

Overextension occurs when

• A) a word is incorrectly used to describe a wider set of objects or actions than it applies to.
• B) a word is incorrectly used to describe a narrower set of objects or actions than it applies to.
• C) the child's vocabulary has become overly large.
• D) a child uses a single word to signify an entire phrase or sentence.

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Definitions:

Trading Portfolio

A collection of financial assets such as stocks, bonds, commodities, and currencies that are held primarily for the purpose of selling them in the near term with the objective of profit.

Fair Value Method

An accounting approach for valuing and reporting assets and liabilities on the basis of estimates of their current fair market prices.

Available-For-Sale Debt Investments

Financial assets in the form of debt securities that a company intends to hold for a period but are not classified as held-to-maturity or trading securities.

Held-To-Maturity Classification

A financial accounting term for bonds or other debt securities that a firm intends to hold until they mature.