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The Following Is Selected Information from Alpha-Beta-Gamma Corporation for the Fiscal

question 47

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The following is selected information from Alpha-Beta-Gamma Corporation for the fiscal year ending October 31, 2014. The following is selected information from Alpha-Beta-Gamma Corporation for the fiscal year ending October 31, 2014.   Based on the accrual basis of accounting, what is Alpha-Beta-Gamma Corporation's net income for the year ending October 31, 2014? A)  $194,000. B)  $114,000. C)  $62,000. D)  $130,000. Based on the accrual basis of accounting, what is Alpha-Beta-Gamma Corporation's net income for the year ending October 31, 2014?

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Definitions:

Herzberg's Two-Factor Theory

A theory of motivation proposing that job satisfaction and dissatisfaction arise from two different sets of factors: hygiene factors and motivators.

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Known as the father of modern economics, he was an 18th-century philosopher best known for his theories on free market economics and the invisible hand concept.

Self-Interest

What is in the best interest of and benefit to an individual.

Social Exchange

A concept describing how social stability and change occur through the process of transactions agreed upon by individuals or groups.

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