What Do Sociologists Call Rewards and Punishments That Are Aimed

question 55

Multiple Choice

What do sociologists call rewards and punishments that are aimed at ensuring conformity?

• A) norms
• B) sanctions
• C) folklore
• D) folkways

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Definitions:

Net Income

The company's earnings following the deduction of all costs, taxes, and expenses from the overall income.

FVTOCI Investments

Financial assets classified as fair value through other comprehensive income; adjustments to their fair value don't affect profit or loss but other comprehensive income.

IFRS 9

An International Financial Reporting Standard that deals with the accounting for financial instruments, covering the classification, measurement, and recognition of financial assets and liabilities.

Accumulated Other Comprehensive Income

Represents the total of all unrealized gains and losses that are not included in net income but affect shareholders' equity.