Reversing Entries Are Prepared to Adjust Accrued Assets and Liabilities

question 9

True/False

Reversing entries are prepared to adjust accrued assets and liabilities that were created by adjusting entries at the end of the previous reporting period.

---

Definitions:

Discriminative Stimulus

A cue or signal in the environment that indicates that a specific behavior will result in a particular consequence.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any need for learning.

Primary Reinforcer

An innately reinforcing stimulus, such as one that satisfies a biological need.

Positive Punishers

Stimuli that, when introduced after a behavior, decrease the likelihood of that behavior occurring in the future.