The Term Literacy Refers To

question 142

Multiple Choice

The term literacy refers to:

• A) the use of control processes in thinking and problem solving
• B) the skills involved in reading and writing
• C) the percentage of people in a group who can read at least at the 4th-grade level
• D) the ability to monitor and understand one's own thoughts and thinking processes

---

Definitions:

Collection Float

The time period between when a check is deposited and when the funds become available in the company's account.

Cheques

Written orders to a bank to pay a specified amount from the writer's account to the person in whose name the cheque has been issued.

BAT Model

A behavioral approach to understanding and modeling how consumers make purchasing decisions, considering factors such as beliefs, attitudes, and traditions.

Disbursements

Money paid out by a business or organization for various purposes, including operating expenses, investments, and dividends.