The Financial Record That Summarizes the Income and Expenses of the Business

question 10

Multiple Choice

The financial record that summarizes the income and expenses of the business over time is the

• A) Income statement
• B) Balance sheet
• C) Statement of retained earnings
• D) Statement of cash flows

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Definitions:

Stimulus Generalization

The tendency for the conditioned response to be evoked by stimuli that are similar to the stimulus that was conditioned originally.

Conditioned Stimulus

A stimulus that was neutral but, after being paired with an unconditioned stimulus, begins to provoke a conditioned response.

Temporal Contiguity

The occurrence of two events close together in time, which can lead to an association between them in learning.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any learning needed.