The General Ledger of the Flayle Corporation as of December

question 16

Multiple Choice

The general ledger of the Flayle Corporation as of December 31 includes the following accounts:

In the preparation of Flayle's balance sheet as of December 31, what should be reported as total intangible assets?

• A) $68,000
• B) $328,000
• C) $368,000
• D) $380,000

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, where an association is made between a behavior and a consequence for that behavior.

Gestation

The period of development from the fertilization of an ovum until birth in pregnant mammals, including humans.

Dishabituation

The renewal of attention to a stimulus following a change, after initial habituation (or decreased response) to the same or similar stimuli.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.