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Ethical Principles Developed by the American Psychological Association and the British

question 239

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Ethical principles developed by the American Psychological Association and the British Psychological Society urge psychological investigators to forewarn potential research participants of the exact hypotheses that the research will test.


Definitions:

Accrued Interest

Interest that has been incurred but not yet paid, typically relating to bonds or loans, calculated from the last payment date up to the current date.

Note Payable

A liability in written form that promises to pay a specified amount of money at a future date.

Interest Expense

The cost incurred by an entity for borrowed funds; interest payments made on debts.

Account Balance

The amount of money in an account, calculated by adding all debits and subtracting all credits.

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