Which of the Following Is an Example of Externally Caused

question 74

Multiple Choice

Which of the following is an example of externally caused behavior?

• A) An employee is late because he was partying late and then overslept.
• B) An employee was promoted because he was hard working.
• C) An employee was fired because he slept on the job.
• D) An employee is late because of a flat tire.
• E) An employee died from lung cancer after excessive tobacco use.

Distinguish between the principal and interest components of a promissory note.

Understand the advantages of promissory notes receivable over accounts receivable.

Apply the correct formula for calculating interest over different periods and using a standard 360-day year.

Record transactions involving promissory notes correctly in financial statements.

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Definitions:

Chlorofluorocarbon

A class of compounds used in refrigerants and aerosols, known for their role in ozone depletion.

Ozone Destroyer

Substances, typically man-made chemicals like CFCs, that lead to the depletion of the ozone layer in the Earth's stratosphere.

Deforestation

The large-scale removal of forest land or tree plantations, often resulting in damage to the quality of the land.

Soil Nutrient Loss

The depletion of essential minerals and compounds from soil, often due to factors like erosion, over-farming, or leaching, which can reduce soil fertility and agricultural productivity.