Correctly Match Each Event with the Appropriate Expenditure Classification

question 52

Multiple Choice

Correctly match each event with the appropriate expenditure classification. Unless specifically stated otherwise, assume all amounts have been incurred. If the event is not an expenditure, state how the event would be reported in the current year General Fund financial statements. Each classification of expenditure may be used once, more than once, or not at all.
-Interest on long-term debt that is due in the next year.

• A)Expenditures - Operating
• B)Expenditures - Intergovernmental
• C)Expenditures - Capital Outlay
• D)Expenditures - Debt Service Principal
• E)Expenditures - Debt Service Interest
• F)Not a General Fund expenditure
• G)Event reduces expenditure (also identify which of above expenditures would be reduced)

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Definitions:

Classical Conditioning

A learning technique involving the frequent pairing of two stimuli, so that a response originally stimulated by the second of the stimuli is in the end stimulated by only the first stimulus.

Law Of Effect

A principle in psychology stating that behaviors followed by positive outcomes are likely to be repeated, whereas behaviors followed by negative outcomes are less likely to be repeated.

Variable-Interval Schedule

A reinforcement schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed.

Counterconditioned

The process of changing a previously undesirable response to a stimulus into a desirable one through conditioning.