The Economic Entity Assumption States That Economic Events Can Be

question 78

True/False

The economic entity assumption states that economic events can be identified with a particular unit of accountability.

---

Definitions:

Unconscious Mental Image

Visual or symbolic representations in the mind that are not immediately accessible to conscious awareness.

Free Association

Method of uncovering unconscious conflicts in which the client is taught to talk about whatever comes to mind, without censoring any thoughts.

Humanistic

An approach in psychology that emphasizes empathy and stresses the good in human behavior, focusing on the individual's potential for growth and self-actualization.

Innate Capacity

An inherent ability or potential present from birth, not developed through experience.