Which of the Following Characteristics of a Profession Were Listed

question 15

Multiple Choice

Which of the following characteristics of a profession were listed in Flexner's work on professions?

• A) Activities of professions are more physically than intellectually oriented.
• B) Activities of professions are based on their own body of knowledge.
• C) Beliefs of professions are more theoretical than practical.
• D) Beliefs and traditions are handed down from generation to generation.

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Definitions:

Equal End-of-Year

A term referring to payments or allocations that are made uniformly at the end of each year.

Effective Annual Rate

The effective annual rate (EAR) is the interest rate on a financial product restated from nominal terms into an annualized rate accounting for compounding over a period.

Loan Contract

A legally binding agreement between a borrower and a lender that outlines the terms and conditions of a loan.

Interest Payments

Regular payments made to lenders or bondholders as compensation for the use of borrowed funds, usually calculated as a percentage of the principal.