Psychology is both an academic and applied discipline involving the scientific study of mental processes and behavior. Psychologists study such phenomena as perception, cognition, emotion, personality, behavior, and interpersonal relationships. Psychology also refers to the application of such knowledge to various spheres of human activity, including issues related to daily lifeâe.g.
What is the amount a business earns over and above what it spends for salaries and other expenses. Answer. Profit is the term used to describe the amount a business is left after expenses such as wages, rent, materials, etc.
Monthly Net Income: this is the actual amount you are paid on a monthly basis AFTER taxes and deductions have been taken out of your paycheck. This is the amount you actually have to spend/save. MONTHLY BUDGET â NET INCOME : Estimate your monthly net income in the monthly budget form below. Itâs important to note that you want to eventually make sure your income amount is accurate. That will let you know how much you have to work with. If you are working with a wrong number, it can hurt the effectiveness of your budget.