An Asset Is a Possession That Has Value in an Exchange

question 14

Multiple Choice

An asset is a possession that has value in an exchange and can be classified as ________.

• A) financial or intangible.
• B) financial or variable.
• C) tangible or intangible.
• D) fixed or variable.

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually evoked by the first stimulus alone.

Car Backfiring

A loud noise resulting from unburned fuel vapor igniting in the exhaust system of an automobile, often sounding similar to a gunshot.

Insight Therapy

Psychotherapeutic techniques designed to improve psychological functioning by increasing the patient's awareness of underlying motives and defenses.

Therapeutic Improvement

The process of getting better or more effective results from a treatment for physical or psychological conditions.