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In This Selection Churchland Examines Functionalism and the Two Prominent

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In this selection Churchland examines functionalism and the two prominent versions of materialism in philosophy of mind. Reductivism claims that there is an identity of mental states with brain states. Functionalism rejects any one-to-one correlation between mental types and physical types and concentrates on the relationship between inputs and outputs. For example, the mental event of pain could be similar in two beings that have altogether different types of bodies and brains. Most functionalists are materialists, but someone could be a functionalist and be a nonmaterialist. Eliminative materialism is more radical than either of these other theories and seeks to eliminate "folk psychology"-talk of beliefs, feelings, and perceptions-in favor of more scientific descriptions of what is going on in the brain. Churchland concludes that the truth may be a combination of the two materialist theories, although the evidence points more in the direction of eliminativism.
-Logical behaviorism is a semantic theory about what mental terms mean.

Define cash equivalents and their role in financial transactions.
Recognize the importance of basic bank services in controlling and safeguarding cash.
Understand the shift in reliance from manual to technological controls in advanced accounting systems.
Understand the concept of separation of duties and its importance in reducing errors and fraud.

Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing to pay and the actual amount they pay for a good or service.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Car Market

The industry related to the manufacturing, selling, and buying of automobiles.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; every good or service is distributed to yield the highest aggregate utility.

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