Use the Following Information for Questions

question 20

Multiple Choice

Use the following information for questions.
Financial statements for Bernard Corp. are presented below: BERNARD CORP. Total assets on the December 31, 2020 statement of financial position were $ 1,108,000. Accumulated depreciation on the equipment sold was $ 56,000.
-The balance in the Accounts Payable account at December 31, 2020 was

• A) $ 148,000.
• B) $ 108,000.
• C) $ 44,000.
• D) $ 32,000.

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Definitions:

Social Cognitive Theory

A framework that emphasizes the role of observational learning, imitation, and modeling in the acquisition of new behaviors, with a focus on the dynamic interaction between individuals and their environment.

Operant Learning Theory

A theory of learning that emphasizes the role of reinforcement and punishment in shaping behavior.

Continuous Reinforcement

A learning process in psychology where a behavior is reinforced each time it is demonstrated, leading to higher likelihood of repetition.

Short Delay

A brief period of waiting or postponement before an action takes place or a process starts.