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A Psychological Characteristic That Enables a Person to Accept the Threat

question 121

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A psychological characteristic that enables a person to accept the threat of competition and potential risk is called a tolerance for ambiguity.


Definitions:

Effective-interest Amortization

A method of amortizing the premium or discount on bonds payable that reflects the periodic interest expense based on the bond's carrying value.

Interest Expense

Expenses related to the borrowing of money by an entity during a certain period.

Issue Price

The price at which a new issue of securities is offered to the public.

Straight-line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

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