What Amount Should Be Recorded as the Cost of a Machine

question 55

Multiple Choice

What amount should be recorded as the cost of a machine purchased December 31, 2018, which is to be financed by making 8 annual payments of £8,000 each beginning December 31, 2019? The applicable interest rate is 8%.

• A) £56,000
• B) £49,975
• C) £85,093
• D) £45,973

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Definitions:

Stimulus Generalization

A psychological phenomenon where a conditioned response begins to occur in response to stimuli that are similar to the conditioned stimulus.

Discriminative Operant

A type of operant conditioning where the organism learns to respond differently to various stimuli depending on whether the behavior will be reinforced.

Anticipatory Contrast

The long-lasting change in response due to an anticipated change in the reinforcement contingency.

Generalization of Inhibition

Generalization of inhibition occurs when an organism learns to suppress a response not only to the conditioned stimulus but also to stimuli that are similar to the conditioned stimulus, demonstrating a broadening of inhibitory control.