An Early Approach to Scientific Psychology Called ________ Emphasized the Purpose

question 88

Multiple Choice

An early approach to scientific psychology called ________ emphasized the purpose of behaviour.

• A) structuralism
• B) psychoanalysis
• C) functionalism
• D) introspection

---

Definitions:

Intra-entity Gross Profit

The profit made from transactions between divisions or units within the same company before external sales.

Inventory Costing

The method used to assign costs to inventory, including approaches such as FIFO, LIFO, and weighted average cost.

Equity Method

An accounting technique used to record investments in other companies, where the investment's value is adjusted based on the investor's share of the investee’s profits or losses.

Merchandise

Goods that are purchased, held, and then sold by a business with the intention of making a profit.