Semantic Associations Are

question 92

Multiple Choice

Semantic associations are:

• A)mental links between concepts that one has experienced close together in space and time.
• B)schemas that have to do with the meaning of words which one has learned.
• C)mental links between concepts that share a meaning or which are part of the same category.
• D)friends with whom one associates on the basis of shared goals or belief systems.

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Definitions:

Goodwill Recognition

The accounting process of recording the value of intangible assets acquired through a business combination.

Pooling of Interest

An accounting method for mergers and acquisitions where the assets and liabilities of the combining companies are aggregated.

Synergy

The benefit that results when two or more agents work together to achieve something neither could have achieved on their own.

Incremental Net Gain

The increase in net profit resulting from a specific action, taking into account all associated costs and revenues.