A Broad Principle That Requires Identifying the Activities of a Business

question 137

Multiple Choice

A broad principle that requires identifying the activities of a business with specific time periods such as months,quarters,or years is the:

• A)Operating cycle of a business.
• B)Time period assumption.
• C)Going-concern principle.
• D)Matching principle.
• E)Accrual basis of accounting.

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Definitions:

Behaviour Therapists

Mental health professionals who use principles of behaviorism to treat psychological disorders and improve patients' behavioral patterns.

Observational Learning

The process of acquiring knowledge, skills, or behaviors by watching and imitating others.

Biomedical Therapy

Treatments for mental disorders that involve physiological interventions, such as medication, surgical methods, or other medical procedures, to alter an individual's brain chemistry or functioning.

Electroconvulsive Therapy

A medical treatment involving electrically induced seizures for therapeutic effect, primarily used in severe cases of depression.