Research That Is Done Specifically to Add to Our General

question 42

Multiple Choice

Research that is done specifically to add to our general understanding of psychology, like distinguishing the components of extraversion or predicting the time it takes a person to determine whether an object is a face or another object, is known as:

• A)basic research.
• B)applied research.
• C)empirical research.
• D)translational research.

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Definitions:

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, indicating the company's bottom line.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.