An Instinct Is an Internal State That Arises in Response

question 270

True/False

An instinct is an internal state that arises in response to a need, such as hunger or thirst.

---

Definitions:

Credit Terms

Conditions under which credit is extended by a seller to a buyer, including the repayment period, discount for early payment, and the amount of late fees.

Invoice Date

The date indicated on an invoice, representing when it was issued, which marks the start of the period in which payment is expected to be made.

Sales Returns

Merchandise returned by customers for a refund or credit, reducing total sales revenue.

Cost of Goods Available for Sale

The total cost of merchandise that a company can sell during a certain period, including both its beginning inventory and the cost of any goods purchased during the period.