Which of the Following Is the Best Assessment of Sixth-Grade

question 22

Multiple Choice

Which of the following is the best assessment of sixth-grade students' accomplishment of the standard: people respond predictably to positive and negative incentives?

• A) Students negotiate exchanges of items.
• B) Students identify incentives that affect people's behavior and explain how these incentives affect their own behavior.
• C) Students explain how they benefit when they develop a special skill.
• D) Students predict how a buyer responds to what a seller says.

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Definitions:

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collected, which is used to reduce the total accounts receivable balance.

Cash Loan

A sum of money borrowed that must be paid back with interest.

Interest Revenue

Earnings received from investments in interest-bearing assets like loans, bonds, and savings accounts.

Notes Receivable

Notes receivable are written promises for payments to be received, including principal and possibly interest, recognized as assets on a company's balance sheet.