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____ Group Technique and Delphi Technique Elicit Group Members' Opinions

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____ group technique and Delphi technique elicit group members' opinions prior to judgments about those opinions.

Learn the tax treatment and reporting requirements for the sale of a partnership interest.
Analyze how the contribution of services and property by partners affects their partnership interest and income recognition.
Grasp the tax implications of distributions and adjustments to partnership liabilities on a partner's basis.
Understand the treatment of separately stated items and ordinary income or expenses in a partnership.

Definitions:

Self-discipline

The ability to work systematically and progressively toward a goal until it is achieved.

Extinction

The weakening or decreasing of the frequency of undesirable behavior by removing the reward for such behavior.

Positive Reinforcement

A technique used in behavior psychology to increase the likelihood of a desirable behavior by rewarding it.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

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