Which of the Following Is NOT an Advantage of the Scientific

question 131

Multiple Choice

Which of the following is NOT an advantage of the scientific approach?

• A) clarity
• B) precision
• C) acceptance of a degree of error
• D) skepticism

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Definitions:

Short-Term Investment

Financial assets that are expected to be converted into cash or sold within a year.

Monetary Assets

Monetary assets are financial assets that are cash or can be quickly converted into a known amount of cash with minimal risk of changes in value.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.

Notes Receivable

Financial assets representing money owed to the holder of the note, usually in the form of a formal written agreement.