The Management Theory That Draws from the Disciplines of Psychology

question 66

True/False

The management theory that draws from the disciplines of psychology, sociology, anthropology, and economics is the management science approach.

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Definitions:

Net Income

The amount of profit left after deducting all costs, taxes, and expenses from total revenue.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense over its useful life.

Cash Dividends

Payments made by a corporation to its shareholder members, typically in the form of cash, as a distribution of profits.

Accounts Receivable

Money owed to a company by its customers from sales or services rendered on credit.