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Complete the chart below.
For each of the general ledger accounts, identify:
a) the type of account (Asset, Liability, Shareholders Equity, Revenue, or Expense)
b) the effect of an increase (debit or credit)
c) the normal account balance
Reinforcement Theory
A psychological concept suggesting that behavior can be controlled or modified through the use of rewards or punishments.
Operant Conditioning Strategies
Techniques based on the principle that behaviors can be increased or decreased through rewards and punishments.
Maslow's Hierarchy
A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, depicted as hierarchical levels within a pyramid.
Alderfer's ERG Theory
A motivational theory positing that human beings have three core groups of needs: Existence, Relatedness, and Growth, which influence their behavior.
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