When College Students Are Enrolled in a Class in Which

question 408

Multiple Choice

When college students are enrolled in a class in which participation in psychological research is part of the course requirement:

• A) the researcher is not required to provide the student participants with information about the purpose of the research.
• B) their reactions and behavior in experimental situations can be videotaped without their consent.
• C) they should complain to the college administration because it is a violation of the ethical standards for psychological research to use students as research participants.
• D) students must be given the choice of an alternative activity to fulfill the course requirement or earn extra credit.

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Definitions:

Total Current Assets

The sum of all assets expected to be converted into cash, sold, or consumed within one year or the normal operating cycle, whichever is longer.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of a company's accounts receivable that may not be collectible.

Written off Accounts

Accounts deemed uncollectible and therefore removed from the accounts receivable balance in the financial statements.

Allowance for Doubtful Accounts

An estimate of the receivables that may not be collected, reducing gross receivables to a more realistic net value.