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The Longer a Receivable Goes Without Being Collected,the Less Likely

question 98

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The longer a receivable goes without being collected,the less likely it will become uncollectible.


Definitions:

Respondent Behavior

A reaction to a stimulus that is automatic or involuntary, often used in the context of classical conditioning.

Operant Behavior

Behavior that is controlled or influenced by its consequences, including rewards or punishments.

Automatic Response

A reflexive or instinctual reaction to a stimulus that occurs without conscious thought or intention.

Associative Learning

The way an individual comes to understand the relationship between two indications or between a behavior and its repercussion.

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