Explain How the Contains Method Works

question 6

Essay

Explain how the Contains method works.

Differentiate between Book Value per Share and Par Value per Share.

Understand how dividends affect the financial statements and how they are recorded in journals.

Grasp the concept and accounting treatment of stock splits and their effect on par value and number of shares.

Understand the process and implications of declaring and paying dividends.

---

Definitions:

Self-efficacy

The belief in one's abilities to organize and execute the courses of action required to manage prospective situations.

Reciprocal Determinism

Bandura’s explanation of how the factors of environment, personal characteristics, and behavior can interact to determine future behavior.

Locus of Control

The tendency for people to assume that they either have control or do not have control over events and consequences in their lives.

Reciprocal Determinism

A concept in psychology, proposed by Albert Bandura, that human behavior is influenced by personal factors, the environment, and behavior itself, all of which influence each other reciprocally.