Consider the Following List: BEVERAGE / This Glass of Pepsi

question 77

Multiple Choice

Consider the following list: BEVERAGE / This glass of Pepsi / SOFT DRINK.Which item on the list is a referent?

• A)No items are referents.
• B)All items are referents.
• C)BEVERAGE is a referent.
• D)SOFT DRINK is a referent.
• E)This glass of Pepsi is a referent.

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Definitions:

Unexpired Insurance

The portion of an insurance premium that has not yet been used up or has not yet expired, representing a future economic benefit.

Insurance Policy

A contract between an insurer and a policyholder in which the insurer agrees to compensate the policyholder for specific losses in exchange for a premium.

Adjusting Entry

A journal entry made at the end of an accounting period to record unpaid expenses or revenues that have accrued, ensuring the accounts reflect the true financial position.

Purchased

Acquired goods or services in exchange for money or other compensation, indicating a transaction where ownership changes hands.