Functional Fixedness Is Defined as The

question 6

Multiple Choice

Functional fixedness is defined as the:

• A)tendency to view objects as functioning only in their usual or customary way.
• B)process of coming to a conclusion or making a judgment without conscious awareness of the thought processes involved.
• C)tendency to persist in solving problems with solutions that have worked in the past.
• D)sudden realization of how a problem can be solved.

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Definitions:

Separately Stated

Items on a partnership or S corporation tax return that must be reported separately on the owners' personal tax returns.

Taxable Dividend

A dividend paid to shareholders that is subject to income taxation.

Corporate Earnings And Profits

The measure of a corporation's ability to generate income over its costs and expenses within a specific period.

Return Of Capital

A payment to investors that returns some of their original investment, thus reducing the investor's cost basis in the investment.