After Working for $15 an Hour, Sally's Pay Was Cut

question 112

Multiple Choice

After working for $15 an hour, Sally's pay was cut to $8 an hour. She stopped working so hard, working much less than her coworkers, who had been earning $8 an hour all along. This is an example of:

• A) negative contrast.
• B) negative reinforcement.
• C) positive punishment.
• D) negative punishment.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.

Account Balances

The amount of money in an account at a specific point in time, reflecting all transactions.

Credits

An accounting entry that either decreases assets or increases liabilities and equity on the company's balance sheet.

Debits

An entry recorded on the left side of a double-entry bookkeeping system that increases asset and expense accounts, and decreases liability, equity, and revenue accounts.