Ethereum Is Considered to Be a ______________Type of Blockchain

question 23

Multiple Choice

Ethereum is considered to be a ______________type of blockchain.

• A) Permissionless
• B) Permission Based
• C) Hybrid
• D) Private

Understand the psychological theories related to fear and phobias.

Appreciate the complexity and limitations of human memory systems.

Understand the concept of problem-solving techniques and biases in decision-making.

Recognize cognitive biases and their impacts on personal decisions and judgments.

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Definitions:

Inventory Cost Flow Assumptions

Accounting methods assumed about how costs flow through inventory; basic types include FIFO, LIFO, and weighted average.

Financial Statements

Documented records that outline the financial activities and conditions of a business, including the balance sheet, income statement, and cash flow statement.

Perpetual Inventory System

A perpetual inventory system is an accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

FIFO

First-In, First-Out, an inventory valuation method where the oldest items are sold first.