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Sonya Is Working in a Residential Group Home with Clients

question 207

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Sonya is working in a residential group home with clients that have severe learning disabilities and difficulties with displaying appropriate social skills. When her clients complete regular tasks they are assigned (such as chores) , she gives them a gold star on a calendar. After the clients have collected seven stars in a row, Sonya gives them their favourite chocolate treat. When they achieve a month of gold stars, she takes the clients on an outing that they enjoy. What type of therapeutic technique is Sonya using with her clients?

Acknowledge the concepts of accruals, deferrals, and their roles in adjusting entries.
Appreciate the importance of the principle of materiality in making accounting judgments.
Realize the significance of consistency, comparability, and reliability in financial reporting.
Understand the economic entity assumption and the separation of business and personal transactions.

Definitions:

Economic Profits

The difference between a firm's total revenue and its total expenses, including both explicit and implicit costs.

Product Price

The amount of money required to purchase a specific product or service.

Production Capacity

The maximum output that a business can produce in a given period under normal conditions.

Consumers' Desire

The inclination or preference of consumers towards certain goods, services, or experiences.

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