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Ted is taking notes in an abnormal psychology course; the topic today is the diagnosis of schizophrenia. When Ted reviews the material next week, how might he summarize the material on the symptoms used to identify schizophrenia?
Property, Plant, Equipment
Long-term tangible assets owned by a business for use in the production or supply of goods and services, also known as fixed assets.
Speculation
The act of trading in an asset or engaging in a financial transaction that has a significant risk of losing most or all of the initial outlay, in expectation of a substantial gain.
Investments
Assets purchased with the expectation that they will generate income in the future or appreciate and be sold at a higher price.
Standby Equipment
Equipment that is kept on hand and ready to be used as a backup in case primary equipment fails.
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