Assuming the Balance in Retained Earnings at the End of Year

question 82

Multiple Choice

Assuming the balance in Retained Earnings at the end of year is $100,000, and that it decreased by 15% during the year. The balance in Retained Earnings at the beginning of the year was closest to:

• A)$120,000.
• B)$85,000.
• C)$117,647.
• D)$115,000.

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Definitions:

Pavlov's Experiment

Pavlov's Experiment refers to Ivan Pavlov's research demonstrating classical conditioning, where dogs were conditioned to salivate in response to a bell after the bell was repeatedly paired with food.

UCS

An abbreviation for Unconditioned Stimulus, a stimulus in classical conditioning that automatically triggers a response without any prior learning.

Determinism

The philosophical concept that all events, including moral choices, are determined completely by previously existing causes.

Structuralism

a method of interpretation and analysis in psychology, linguistics, and anthropology that views elements of human culture in terms of their relationship to a larger, overarching system or structure.