Liabilities

question 77

Multiple Choice

Liabilities

• A)Can be reliably estimated
• B)Must be certain
• C)Must be for a specific amount
• D)Must have a date for payment
• E)Must have a known payee

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Definitions:

IQ

Short for Intelligence Quotient, a measure of a person's intelligence as indicated by an intelligence test, compared to the average for people of their age.

Chronological Age

The measure of an individual's age based on the calendar date from their date of birth.

Intelligence Quotient

A standardized measure of human intelligence based on a series of tests that assess cognitive abilities in relation to an age group.

William Stern

A German psychologist best known for developing the concept of the intelligence quotient (IQ) and for his significant contributions to differential psychology and personality theory.