Listed Below Are Five Terms Followed by a List of Phrases

question 151

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Monetary unit assumption

• A)Implies consensus among different observers.
• B)Assumes an entity will continue to operate indefinitely.
• C)Ignores the possibility of inflation.
• D)Assumes all transactions can be identified with a particular entity.
• E)Requires reporting the financial life of an entity in discrete time frames.

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Definitions:

Ability to Function

Refers to the capacity of an individual to perform tasks or roles effectively in day-to-day activities or in a specific context.

Interferes

To obstruct or hinder processes or actions, causing disruption.

Biological Approach

A perspective in psychology that explains behaviors, thoughts, and emotions in terms of biological processes, such as genetics, brain chemistry, and anatomy.

Neurotransmitters

Chemical substances that are stored in very tiny sacs within the neuron’s terminal buttons and involved in transmitting information across a synaptic gap to the next neuron.