A Payment from a Proprietorship or Partnership to Its Owner

question 6

Multiple Choice

A payment from a proprietorship or partnership to its owner or owners is called a(n)

• A) dividend
• B) withdrawal
• C) expense
• D) equity
• E) cheque

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Definitions:

Role Management

Involves the effective handling of multiple roles and responsibilities by an individual, in personal and professional settings, ensuring that role conflicts are minimized and performance in each role is optimized.

Anticipatory Socialization

The process through which individuals learn and adopt the norms, values, and roles of a group or organization they aspire to join.

Person-Organization Fit

The degree to which an individual's values, personality, goals, and other characteristics match those of the organization.

Proximal Socialization Outcomes

Proximal socialization outcomes refer to the immediate results or impacts experienced by an individual upon being introduced and assimilated into a new organizational or social setting.