When a Subject Becomes Accustomed to a Stimulus and Stops

question 138

Multiple Choice

When a subject becomes accustomed to a stimulus and stops responding to it, ________ is said to have occurred.

• A) schematization
• B) reflex cessation
• C) inhibition
• D) habituation

Grasp the concept of inventory investment and its volatility.

Identify and classify different types of investments a company can hold.

Understand the concepts of fair value, amortized cost, and original cost in relation to investments.

Demonstrate knowledge of the equity method for accounting for investments and its application when significant influence is exerted over the investee.

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Definitions:

Overfunded

A situation where a pension plan's assets exceed its liabilities, indicating that there are more than enough funds to meet future obligations.

Underfunded

A term referring to insufficient funding to meet future obligations or commitments.

Funding Requirements

The total amount of capital needed to support a business's operations, projects, or to fulfill other financial commitments.

Actuarial Assumptions

The hypotheses about demographic, financial, and other variables that actuaries use to calculate the liabilities and expenses of insurance and pension plans.