Rachel Is Completely Exhausted After a Long Day's Work

question 115

Multiple Choice

Rachel is completely exhausted after a long day's work. She comes home and makes herself a drink and finds it soothing after a tiring day. Rachel is unlikely to become addicted to alcohol because:

• A) she is drinking to relax herself after a rough day at work.
• B) she is drinking to suppress her anxieties.
• C) she is drinking to drown her worries and sorrows.
• D) she is drinking to abandon inhibitions.

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Definitions:

Balance Sheet

An economic report indicating a company's possessions, financial responsibilities, and the value belonging to shareholders at a certain instance.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and net profit or loss.

Accounting Equation

A basic principle of accounting that represents the relationship between an entity's assets, liabilities, and owners' equity (Assets = Liabilities + Owners' Equity).

Accounts Payable

Obligations a company owes to its suppliers or creditors for goods and services received but not yet paid for.