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Nora Is an Author Who Has Spent the Last Six

question 32

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Nora is an author who has spent the last six months writing a novel.Now that she has finished the novel,she is spending time catching up with family and friends.Nora's behavior is best explained by ____ theory.


Definitions:

Equipment

Tangible, long-term assets used in the operations of a business, not intended for sale.

Supplies

Supplies are consumable items used in the everyday operations of a business, such as office materials, that are not resold to customers.

Open Account

a method of credit where the seller ships goods or provides services to a buyer under an agreement to bill them later or on a recurring basis.

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