Athabasca University (AU )

accrual accounting - recognize revenues when earned and expenses when incurred, regardless of when cash is exchanged cash accounting - recognize revenues and expenses when cash is paid or collected accrued revenues - an asset, company provides product or service to customer before receiving payment (accts receivable) deferred revenue - a liability, company is paid before product or service is provided to customer (unearned revenue) accrued expenses - a liability, company incurs expen...

Define Accounting Accounting is the process of identifying, measuring, recording, and communicating an organization's economic activities to users for decision making Managerial Accounting Serves decision-making needs of internal users. Financial Accounting Focuses on external reporting to meet the needs of external users. List and Describe forms of business organization Proprietorship, partnership and corporation. Explain GAAP (Generally Accepted Accounting Principles) GAAP followed i...

Cohort Effects - relative similarities of a person's birth, era, or generation. (ie. millennials) Continuity vs. Discontinuity - continuity: development is gradual and occurs slowly discontinuity: sudden changes (age-related stages) Scientific Method - 1. conceptualize 2. collect data 3. draw conclusions 4. revise Freuds Theoretical Orientation - Psychoanalytic Theory - oral (birth-1yr) - anal (1-3yrs) -phallic (3-6yrs) interest in genitals -latency (6yrs-puberty) suppressed se...

lifespan perspective refers to the idea that development is a lifelong process cognitive domain of development -focuses on how internal mental processes can change over time -language development -memory -logical reasoning -abstract inferences -moral reasoning psychosocial domain of development -focuses on changes in emotion -self-esteem -romantic relationships -emotional stability -identity development -career placement physical domain of development -focuses on how the body ch...

interdependence theory - version of social exchange theory that focuses on the rules that predict how interdependent partners will behave toward eachother and how they evaluate the outcomes of their interactions given outcome matrix - behavior motivated by self interest effective outcome matrix - after transformation of motivation, behavior motivated by broader considerations Why do we engage in transformation of motivation? - because of personal disposition or relationship motives n...

Piaget's stages of cognitive development - sensorimotor, preoperational, concrete operational, formal operational sensorimotor - birth-2 years (Piaget) -reflexes to goal directed activity -from body to outside world -development of object permanence -from action to mental representation preoperational - 2-7 years (Piaget) -represent actions mentally -no logical thought -intuitive thought -egocentrism -lack of conservation intuitive thought - asking why questions and thinking...

To be a science, Psych needs to look at what's observable ____ of you. This was said by ____ ____ - observable; John Watson B.F. Skinner changed view of observable to an n= - 1 Relationship between one event and another is predicable - functional relations ____ behavior is only observable to the person behaving - covert ___ behavior is observable to others - overt _____ learning is reflexive - respondent ____ learning is an emitted response more impacted by consequences - oper...

A-not-B error - Also called AB error, this occurs when infants make the mistake of selecting the familiar hiding place (A) to locate an object, rather than looking in the new hiding place (B), as they progress into substage 4 in Piaget's sensorimotor stage. accommodation - Piagetian concept of adjusting schemes to fit new information and experiences. acculturation - Cultural changes that occur when one culture comes in contact with another culture. active (niche-picking) genotype-envir...

Relationship ideologies - expectations for closeness or distance as well as ideas about how partners should play their roles; important that couple's match Mindsight - understanding the workings of one's own mind and understanding the mind of another; acknowledging the power of the mind, and our ability to take control and choose how we feel and how we want to respond to situations by directing our attention Mindsight equation - Insight + Empathy = The Hub - inner place of the mind fr...

MGSC 368 Ch.1-4 formulas exam Questions and Answers Graded A 2024