Many Nonscientists Use the Word "Theory" to Mean a Personal

question 141

Essay

Many nonscientists use the word "theory" to mean a personal opinion or guess,as in "I have a theory about who stole my bicycle." Contrast this use of theory with its meaning in science.Include an example of a scientific theory and explain why it meets the scientific definition of the word.

Understand the relationship between trade policies (such as subsidies) and their impact on prices and trade flows.

Understand the hormonal and brain mechanisms influencing sexual behavior and reproductive cycles.

Differentiate between human and animal sexual response and reproductive strategies.

Recognize sex as a social and biological motive with influences from nature and nurture.

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Definitions:

Accounting Cycle

The series of steps followed by an organization to record and analyze financial transactions, culminating in financial statements.

Post-closing Trial Balance

A financial report created after all adjusting and closing entries are made, showing account balances ready for the next accounting period.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts, thereby preparing the accounts for the next accounting period.

Correcting Entry

A journal entry made in the accounting records to amend an error or oversight in previously recorded transactions.