According to Studies of Achievement and Locus of Control, Someone

question 19

Multiple Choice

According to studies of achievement and locus of control, someone who has a higher external locus in college is likely to have

• A) better grades than internals in college.
• B) received lower scores on achievement tests in high school.
• C) performed better on academic tests in elementary school than high school.
• D) all of these are correct.

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Definitions:

Total Assets

The total value of everything a company owns, both current and non-current, as recorded on the balance sheet.

Single-step Statement

A simple form of income statement that calculates net income by subtracting total expenses from total income in one step.

Multiple-step Statement

An income statement that separately reports operating and non-operating activities, making it easier to understand the financial results.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, revealing net profit or loss.