The Sum of All Profits and Losses,less All Dividends Paid

question 16

Multiple Choice

The sum of all profits and losses,less all dividends paid since the beginning of the business is called:

• A) liabilities.
• B) retained earnings.
• C) net income.
• D) tax liability.

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Definitions:

Conditioning

The process of learning associations between environmental events and behavioral responses, crucial in behaviorist theories of learning.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, often driven by needs, desires, and goals.

Law of Effect

A psychological principle stating that behaviors followed by positive outcomes are likely to be repeated, while those followed by negative outcomes are less likely to be repeated.

Skinner

B.F. Skinner, an American psychologist and behaviorist, well-known for his work in operant conditioning and behavior analysis.