What Type of Account Is Unearned Income

question 28

Multiple Choice

What type of account is unearned income?

• A) Liability
• B) Income
• C) Expense
• D) Asset

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Definitions:

CBT

Cognitive-Behavioral Therapy; a type of psychotherapy that aims to change negative thought patterns and behaviors, helping individuals to manage and overcome psychological challenges.

Adult Anxiety Disorders

Psychological disorders characterized by excessive fear, worry, or anxiety in adults, affecting their daily functioning.

Cognitive Therapy

A therapeutic approach aimed at identifying and restructuring maladaptive thought patterns to improve mental health.

CBT

Cognitive Behavioral Therapy, a psychotherapeutic treatment that addresses dysfunctional emotions, behaviors, and thoughts through a goal-oriented, systematic procedure.