Accounting Recognition Should Be Given to the Gain Realized on a Non-Monetary

question 18

Multiple Choice

Accounting recognition should be given to the gain realized on a non-monetary exchange of plant assets except when the exchange has

• A) no commercial substance and additional cash is paid.
• B) commercial substance and additional cash is received.
• C) commercial substance and additional cash is paid.
• D) All of these cause recognition of a gain.

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Definitions:

Punishment

is the imposition of a penalty as a result of an offense, serving as a method of enforcing rules and discouraging undesired behavior.

Contingent Reinforcement

A behavior modification technique where the delivery of a reward or punishment is dependent on the occurrence of a specific behavior.

Punish Openly

A controversial management practice where disciplinary actions or penalties are publicly administered to deter undesirable behavior.

Valued Reward

A benefit or recognition provided to individuals for their performance or behavior, which holds significant worth to the recipient.