When Mark Goes to Give Sven a Congratulatory Pat on the Back

question 63

Multiple Choice

When Mark goes to give Sven a congratulatory pat on the back after a job well done, he jumps and turns away. Mark has just read Chapter 1 and fancies himself something of a Gestalt psychologist. What is he likely to think about Sven's behavior?

• A) "Sven must have been abused as a child."
• B) "What's his problem? A pat on the back is a reinforcer."
• C) "Sven must have interpreted my gesture differently than I intended."
• D) "Sven must have low self-esteem."

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Definitions:

Separate Entity Assumption

Business transactions are separate from the transactions of owners.

Liabilities

Obligations owed by a business to individuals or other entities, ranging from loans and mortgages to accounts payable.

Continuity Assumption

An accounting principle that assumes the business will continue operating indefinitely, not being forced to cease operations or liquidate.

Foreseeable Future

A time period in which an event or action is predicted or expected to occur.