A Phenomenological Research Methodology Is Used in the Social Sciences

question 4

True/False

A phenomenological research methodology is used in the social sciences to examine lived experience. Phenomenology is the study of lived experience from the first-person point of view. It is the study of experience or consciousness. Using a phenomenological research methodology the researcher spends a great deal of time developing accounts of lived experience from the perspective of those living the experience.

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Definitions:

Dividends Declared

Profits distributed by a company to its shareholders, usually determined by the company's board of directors.

Statement of Retained Earnings

A financial document showing how a company's retained earnings have changed over a period due to dividends and earnings.

Expense Account

An expense account refers to a ledger account that tracks money spent or costs incurred in a business's operational activities.

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is retained by the company to be reinvested in its core business or to pay debt.