Gains or Losses on the Disposal of Investments Should Be

question 58

Short Answer

Gains or losses on the disposal of investments should be shown in the income statement

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Definitions:

Drive

An intense internal force that motivates behavior.

Homeostasis

The tendency to maintain equilibrium by adjusting physiological or psychological processes.

Primary Drives

Basic, innate drives that motivate behavior essential for survival, such as hunger, thirst, and avoidance of pain.

Hull

An American psychologist who developed the drive-reduction theory, emphasizing the role of biological needs in motivation and behavior.