If Budgeted Net Income Is Projected to Be Less Than

question 86

Multiple Choice

If budgeted net income is projected to be less than the company's goal, the company should try to

• A)increase revenues and decrease expenses.
• B)incur more fixed costs and less variable costs.
• C)increase the collection of cash receipts.
• D)finance operations with a loan.

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Definitions:

Tertiary Reinforcers

Stimuli that have become rewarding through their association with secondary reinforcers and are used to motivate behavior, such as money, grades, or tokens.

Skinner

B.F. Skinner, an American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.

Reinforcement

The process of encouraging or establishing a pattern of behavior by offering rewards or consequences.

Environmental Events

Occurrences or changes in the physical world surrounding an organism that can influence its behavior and survival.