Psychics Are Often Viewed as Accurate Because They Make General

question 5

Multiple Choice

Psychics are often viewed as accurate because they make general statements like,"A major celebrity will spend time in jail in 2007," and then we recall that Paris Hilton and Nicole Richie were sentenced to serve jail time in 2007.This is the psychic trick of

• A)clairvoyance.
• B)cold reading.
• C)failed psychic predictions.
• D)multiple end points.

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Definitions:

Liabilities

Obligations that come due in the future. Liabilities are the financial rights or claims of creditors to assets.

Departmental Accounting

An accounting method that tracks the income and expenses of individual departments within a company, helping in performance assessment and budgeting.

Revenue

The total amount of money generated by the sale of goods or services related to a company's primary operations.

Expenses

Costs incurred during a business's operational activities.