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.
To deduct workplace expenses, your total itemized deductions must exceed the standard deduction. You must also meet whatâs called the 2% floor.. That is, the total of the expenses you deduct must be greater than 2% of your adjusted gross income, and you can deduct only the expenses over that amount.Once you are sure you qualify to deduct work-related expenses as an employee, youâll have to be sure your deductions qualify.hat is, the total of the expenses you deduct must be greater than 2% of your adjusted gross income, and you can deduct only the expenses over that amount. Once you are sure you qualify to deduct work-related expenses as an employee, youâll have to be sure your deductions qualify.