When Children Lie and Deceive Their Parents to Stay Out

question 11

Multiple Choice

When children lie and deceive their parents to stay out of trouble,they are using which design feature of language?

• A)Arbitrariness
• B)Specialization
• C)Displacement
• D)Prevarication

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Definitions:

Periodic Inventory System

The inventory system in which the inventory records do not show the amount available for sale or sold during the period.

Merchandise Inventory Account

An account that tracks the cost of goods held for sale during an accounting period.

Inventory Costing Methods

Refer to the approaches used by companies to assign costs to their inventory items and determine the cost of goods sold.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.