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Which of the Following Would Be an Example of a Learned

question 62

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Which of the following would be an example of a learned behaviour, NOT instinctive behaviour?


Definitions:

Revenues

income that a business receives from its normal business activities, usually from the sale of goods and services to customers.

Operating Activities

Transactions and events that affect the net income of a business, related to its principal revenue-producing activities.

Financing Activity

Activities that result in changes in size and composition of the contributed equity and borrowings of the entity, reflected in the cash flow statement.

Inventory

Inventory encompasses the raw materials, work-in-progress, and finished goods that a company holds at any time, representing a crucial asset that is sold to generate revenue.

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