A Quick, Impulsive Thought That Does Not Typically Make Use

question 248

Essay

A quick, impulsive thought that does not typically make use of formal logic or clear reasoning is referred to as __________.

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Definitions:

Salaries Expense

The total amount paid to employees in salary form over a specified accounting period, considered an operating expense.

Notes Payable

Short-term or long-term liabilities representing amounts owed for borrowed funds, documented by a promissory note.

Interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.

Merchandise

Goods that are bought and sold in business, often referred to in the context of retail, wholesale, or e-commerce.