The Theory of _______ Suggests That Behavior Can Be Predicted

question 30

Multiple Choice

The theory of _______ suggests that behavior can be predicted by whether it maximizes pleasure or minimizes pain.

• A) dualism
• B) empiricism
• C) hedonism
• D) rationalism

---

Definitions:

Depreciation Expense

The monetary value reduction in an asset's cost over its useful life due to wear and tear, age, or obsolescence.

Book Value

The net value of an asset according to its balance sheet account balance, calculated as the original cost minus accumulated depreciation.

Impairment Loss

The amount by which the carrying amount of an asset or a cash-generating unit exceeds its recoverable amount.

Fair Value

The estimated market value of an asset or liability, reflecting the price it would fetch in an orderly transaction between market participants at the measurement date.