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According to John Watson, by which of the following is behaviour governed, primarily?
Tax Effects
Tax effects are the impact of tax laws and policies on an individual's or company's financial situation, including how taxes influence investment returns, net income, and economic decisions.
Accrued Revenue
Revenue that has been earned but not yet received in cash or recorded by the accounting system.
Management Fees
Fees paid to managers for operating investment funds or managing assets.
Unrealised Profit
Profit that has been earned but not yet received in cash or recorded in the financial statements, often resulting from intra-company transactions.
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