In the Eilifsen and Messier (2015) Study, the Firms That

question 74

Multiple Choice

In the Eilifsen and Messier (2015) study, the firms that used benchmarks of total assets and total revenues, used what percent of these figures to determine their planning materiality?

• A)0.25% to 2.0%
• B)2.0% to 2.5%
• C)0.25% to 5.0%
• D)5.0% to 7.5%

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Definitions:

Learning Reinforcement

A process in operant conditioning where the likelihood of a behavior is increased or decreased through positive or negative reinforcement.

Conditioning Theory

A psychological theory that proposes learning occurs through associations between stimuli and responses, leading to conditioned behaviors.

Accidental Learning

The acquisition of knowledge or skills without the intention to learn, often occurring through incidental experiences.

Conscious Personality

An individual's awareness of their own character, feelings, motives, and desires.