Expenses Are Increases in Retained Earnings That Result from Operations

question 169

True/False

Expenses are increases in retained earnings that result from operations.

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Definitions:

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's streams, lakes, and oceans, and the fluids of most living organisms.

Skinner Box

An experimental apparatus used in the behavioral study of animals, designed to measure responses to stimuli and consequences, such as rewards or punishments.

B. F. Skinner

An American psychologist known for his work in behaviorism and the development of the operant conditioning theory.

Reinforcement Unit

A measure or instance of reinforcement, which can be positive or negative, used to increase the likelihood of a desired response or behavior.