Appetite Is the Physiological Need for Food

question 36

True/False

Appetite is the physiological need for food. Hunger is a psychological desire for food.

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Definitions:

Cost Method

An accounting method used for investments, where the investment is recorded at cost and adjusted only for dividends received.

Consolidated Financial Statements

Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries.

Elimination Entry

An accounting entry made in preparing consolidated financial statements to remove the effects of intercompany transactions.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.