Classify Each of the Following Costs Associated with Long-Lived Assets

question 124

Multiple Choice

Classify each of the following costs associated with long-lived assets as one of the following:
-Supplies
(materials) used to test new equipment

• A)Land improvements
• B)Buildings
• C)Land
• D)Machinery and equipment

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Definitions:

Continuous Reinforcement

A learning schedule in which a behavior is reinforced each time it is exhibited.

Fixed Ratio

A schedule of reinforcement where a response is rewarded after a specified number of responses, frequently used in behavior modification programs.

Reinforcement

In psychology, a concept where a behavior is increased or strengthened by the consequence that follows it, such as a reward.

Reward

A benefit or positive feedback given for a specific action or behavior, often used as a means of encouragement.