Even Though the Retinal Image of the Desk You Are

question 142

Multiple Choice

Even though the retinal image of the desk you are looking at changes as you view the desk from different angles, your perception of the desk does not change. This is due to

• A)shape constancy.
• B)the reversible figure-ground effect.
• C)brightness constancy.
• D)retinal disparity.

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Definitions:

Accounts Receivable

Funds that customers owe to a business for products or services that have been received but remain unpaid.

Bad Debt Expense

The cost associated with accounts receivable that a company is unable to collect.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of receivables that may not be collected.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or completion, used to assess inventory value under GAAP standards.