Your Friend Is Considering Visiting a Hypnotist to Help Her

question 153

Essay

Your friend is considering visiting a hypnotist to help her overcome her intense claustrophobia. Your friend has some reservations, however. She fears, for instance, that she may be made to act against her will, that painful memories will surface, or that she will suffer long-term memory loss. Address your friend's reservation from a scientific standpoint.

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Definitions:

Period Costs

Expenses that are incurred on the income statement in the period in which they are incurred, such as selling, general, and administrative expenses, which are not directly tied to the production of goods.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in net profit or loss.

Capitalized

Expenses or costs that are recorded as an asset on a balance sheet rather than expensed, with the anticipation of future benefit.

Inventory

The total amount of goods and materials held by a business for the purpose of resale or production.