The Ability to Sense and Manage Your Own Feelings as Well

question 215

Multiple Choice

The ability to sense and manage your own feelings as well as those of others is called _____ intelligence.

• A) interpersonal
• B) cultural
• C) intrapersonal
• D) emotional

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Definitions:

Construction in Progress Account

An account in the balance sheet that accumulates costs related to the construction of a long-term asset until the asset is ready for use, at which point the total cost is transferred to the fixed assets account.

GAAP

Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting.

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Write-down

An accounting procedure reducing the book value of an asset when its market value drops below the recorded cost, resulting in a non-cash expense.