Aaliyah Has Been Studying for a Long Time

question 63

Multiple Choice

Aaliyah has been studying for a long time.She is hungry and tired.Eventually,she closes her books,eats something,and goes to bed.The part of the personality that influenced her behaviour is the

• A) conscious.
• B) ego.
• C) id.
• D) superego.

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Definitions:

Intra-entity Gross Profit

The profit recognized on transactions conducted within the same entity, not realized in consolidated financial statements until the transactions affect an external party.

January 1 Retained Earnings

The amount of earnings retained in a company as of the beginning of the fiscal year, not distributed to shareholders in the form of dividends.

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies by reporting these profits as income.

Intra-entity Gross Profit

The profit recognized on transactions carried out between divisions or departments within the same company.