Regarding Different Types of Concepts,which of the Following Statements Is

question 117

Multiple Choice

Regarding different types of concepts,which of the following statements is FALSE?

• A) People often apply probabilities when categorizing concepts.
• B) Cognitive psychologists classify concepts as either logical or natural.
• C) Both logical and natural concepts have strict rules for membership.
• D) The concept of a triangle is an example of a logical concept.
• E) Natural concepts include objects,activities,and abstractions.

---

Definitions:

Posting

The process of transferring financial information from the journal to the respective accounts in the ledger, a crucial step in the accounting cycle.

Cash Account

A financial account that records cash transactions in and out.

Posting Reference

A code or number used in accounting to indicate the ledger account to which a transaction has been posted.

Journal Entry

A record in the books of accounts that documents a financial transaction, showing the accounts and amounts debited and credited.