Match the Terms with the Definitions

question 58

Multiple Choice

Match the terms with the definitions.

-The excess of total revenues over total expenses for the period.

• A) account
• B) accounts payable
• C) accounts receivable
• D) accounting equation
• E) assets
• F) balance sheet
• G) business entity
• H) business entity concept
• I) business transaction
• J) drawing
• K) expenses
• L) income statement
• M) liability
• N) net income
• O) net loss
• P) notes payable
• Q) owner's equity
• R) revenues
• S) statement of owner's equity

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Definitions:

Idiographic Goals

Personalized goals that are unique to an individual, emphasizing their singular narrative or life pathway.

Bobo Doll Studies

A series of experiments by Albert Bandura that demonstrated how children imitate aggressive behavior observed in adults.

Vicarious Learning

The process of learning new behaviors or skills by observing the actions of others and the consequences that follow.

Operant Conditioning

An educational method whereby reinforcement or punishment adjusts the intensity of a behavior.