Which Statement Is Not Correct

question 4

Multiple Choice

Which statement is not correct?

• A)Cash is an idle asset for a business.
• B)Bank overdrafts cannot be considered cash equivalents.
• C)Cash equivalents are readily convertible to cash.
• D)Cash and cash equivalents is reconciled in the cash flow statement.

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Definitions:

Sociocultural Perspective

An approach in psychology that examines how social and cultural factors influence human behavior and mental processes.

Psychodynamic Perspective

A psychological approach that emphasizes unconscious psychological processes and contends that childhood experiences are crucial in shaping adult personality.

Behaviorist

A behaviorist is a psychologist who focuses on observable behaviors and the ways in which learning and environment influence behavior, often excluding internal processes like thoughts and emotions.

Learning Perspective

A psychological approach that emphasizes the effects of experience on behavior, suggesting that learning is the key to understanding how people think, feel, and behave.