A Psychologist Who Teaches a Corporation How to Keep Employees

question 85

Multiple Choice

A psychologist who teaches a corporation how to keep employees motivated would most likely be a(n) _____ psychologist, according to your textbook.

• A)social
• B)educational
• C)consulting
• D)industrial/organizational

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Definitions:

Repossessed

The act of taking back an asset, typically used when a borrower fails to make payments on a secured loan.

Deferred Gross Profit

Profit on installment sales that is not recognized immediately but deferred and recognized as payment is received.

Balance Sheet

An overview of a company's financial status, showcasing assets, financial obligations, and the stake of its shareholders at a precise moment.

Current Asset

Any asset expected to be converted into cash or used up within one business cycle or a year, including cash, inventory, and accounts receivable.