A Hall Monitor Asks Joe to Walk Down the Hall

question 21

Multiple Choice

A hall monitor asks Joe to walk down the hall 5 times after catching Joe running down the hall to the cafeteria. This is an example of:

• A) Restitution overcorrection.
• B) Contingent observation timeout.
• C) Positive practice overcorrection.
• D) None of the above.

---

Definitions:

Functional Currency

The primary currency of the primary economic environment in which an entity operates, used in its financial reporting.

Subsidiary

A company controlled by another company, known as the parent company, through the ownership of more than half of its voting stock.

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Temporal Method

A method used in accounting to translate foreign currency transactions into the reporting currency of a business.