Pretend You Are in a Discussion with Friends and the Topic

question 104

Essay

Pretend you are in a discussion with friends and the topic is hard sciences versus soft sciences. It is argued that psychology is not a true science at all, as are sciences like chemistry and physics. How would you defend the proposition that psychology is a true science?

Know the differences in accounting treatments for capital and operational contributions.

Understand the accounting for volunteer services and donated assets.

Comprehend the encumbrance system for recording obligations.

Recognize the implications of board restrictions versus donor restrictions on contributions.

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Definitions:

Beneficence

The ethical principle of acting in the best interest of others, promoting good and preventing harm.

Veracity

The adherence to the truth; a fundamental principle in ethics focusing on honesty and accuracy.

Fidelity

The degree of accuracy or faithfulness with which something reproduces a sound, image, or idea, or the loyalty towards commitments or obligations.

Autonomy

The right or condition of self-government; in personal terms, the capacity to make an informed, uncoerced decision.