Which of the Following Is an Economic Resource That Should

question 7

Multiple Choice

Which of the following is an economic resource that should be depreciated over the accounting periods estimated to be benefited?

• A)salaries incurred but unpaid at year-end
• B)rent collected in advance for a three-year rental period
• C)equipment purchased for use in the business operations
• D)interest revenue accrued on investment in bonds

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Definitions:

Psychic Energy

In psychoanalytic theory, a force primarily associated with the libido or the energy of the unconscious mind.

Psycho-motor Energy

A term related to the connection between mental processing and physical movement.

Homeostasis

The process by which a living organism or system maintains stable internal conditions necessary for survival, despite changes in the external environment.

Equilibrium

A state of balance or stability, often referring to psychological or emotional balance.