Computations and Comparisons of Accounting Ratios Is Possible Because

question 11

Multiple Choice

Computations and comparisons of accounting ratios is possible because:

• A)the zero point in accounting implies "nothingness" in terms of dollar amount.
• B)accounting measures are on an interval scale.
• C)assets and liabilities are listed in the order of liquidity in the balance sheet.
• D)accounting is a basic classification system.

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Definitions:

CS

An abbreviation for Conditioned Stimulus, a term used in classical conditioning to denote a previously neutral stimulus that, after being paired with an unconditioned stimulus, evokes a conditioned response.

US

United States; a country located primarily in North America.

Classical Conditioning

A training method where a naturally occurring response is learned through linking an environmental cue with a natural stimulus.

Ivan Pavlov

A Russian physiologist known for his discovery of classical conditioning, a fundamental learning process.