Which of These Is Not One of the Ways in Which

question 23

Multiple Choice

Which of these is not one of the ways in which the asset 'other receivables' could arise?

• A) Loan to director
• B) Sale of non-current asset on credit
• C) Rent receivable
• D) Accrued wages

Understand the concept of explanatory styles and how they influence people’s responses to negative events.

Recognize the effects of stress on immune system functioning and susceptibility to illnesses.

Identify the importance of a sense of control in reducing perceptions of stress and its consequent effects on health.

Understand the psychological impact of stressors and the biological responses involved.

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Definitions:

Economizing Problem

The need to make choices about how to best use limited resources to satisfy unlimited wants.

Limited Resources

The economic principle that the available resources (such as time, money, and raw materials) are insufficient to satisfy all wants and needs.

Unlimited Wants

The economic concept that human desires and needs are infinite and vary in intensity, contrasting with limited available resources.

Normative

In economics and philosophy, refers to statements or propositions that express values, ethics, or moral prescriptions, indicating how things ought to be.