The Workgroup That Prepared the Definition of Substance Use Disorders

question 44

Multiple Choice

The workgroup that prepared the definition of substance use disorders that is used in DSM-5 collapsed substance dependence and substance abuse into a single disorder with a continuous range of severity.In the case of alcohol,this disorder is called

• A)delirium tremens.
• B)alcohol use disorder.
• C)Korsakoff's disorder.
• D)alcoholism.

Comprehend the impact of financial transactions on the basic accounting equation.

Recognize the ethical responsibilities of accountants.

Understand how net income for a period is determined.

Differentiate between private and public accountants.

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Definitions:

Firm Offer

An offer made in writing and containing assurances that it will be irrevocable for a period of time not longer than three months despite a lack of consideration for the irrevocability.

Irrevocability Period

The timeframe during which a decision, offer, or agreement cannot be revoked or withdrawn.

UCC

Stands for the Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across the country.

Finance Lease

A lease agreement where the lessee assumes both the risks and rewards of ownership of the asset, but legal title may not be transferred.