Concepts Are Ideas That Represent __________

question 23

Multiple Choice

Concepts are ideas that represent __________.

• A) a class or category of objects, events, or activities
• B) patterns of behavior
• C) higher-order conditioning and secondary reinforcers
• D) a process of cognition occurring when a goal must be reached by thinking and behaving in certain ways

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Definitions:

Fees Earned

Income generated from providing services or performing work for clients or customers.

Adjusting Entry

A journal entry made in accounting to record changes in revenue and expense accounts in order to match revenues and expenses to the period in which they occurred.

Cash Invested

Money that is put into a business or project with the expectation of generating income or profit.

Accrued Interest

Interest that has accrued but remains unpaid.