Our Behavior Is Regulated by the Degree to Which We

question 97

Multiple Choice

Our behavior is regulated by the degree to which we are attached to major social institutions. This defines which theoretical perspective?

• A) strain theory
• B) rational choice theory
• C) differential association theory
• D) control theory

---

Definitions:

Retained Earnings

The portion of net earnings not paid out as dividends but instead reinvested in the company or used to pay off debt.

Deferred Income Taxes

Taxes applicable on income that is recognized in financial statements in one period but is taxable in another period.

Income Taxes Payable

Income taxes payable is a liability account on a company's balance sheet representing the amount of income taxes that the company owes to the government but has not yet paid.

Discount on Bonds Payable

The difference between the face value of a bond and the lower price at which it is sold, representing additional interest expense to the issuer over the bond's life.