When the Owner of a Sole Proprietorship Withdraws Assets from the Business

question 133

Multiple Choice

When the owner of a sole proprietorship withdraws assets from the business for personal use,

• A)it is treated like a noncash dividend.
• B)it is illegal because the assets belong to the separate entity,the proprietorship.
• C)it would be recorded as a loss by the proprietorship.
• D)it is recorded as a reduction of owner's equity.

Identify the impact of well-managed rewards on individual satisfaction and work performance.

Recognize the significance of emotional empathy in understanding others' views.

Realize that job satisfaction is not a consistent predictor of work performance.

Differentiate between the major types of emotions identified by researchers.

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Definitions:

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