According to the New Conceptual Framework, Which of the Following

question 20

Multiple Choice

According to the new Conceptual Framework, which of the following is NOT an essential characteristic of a liability?

• A) It exists in the present time.
• B) There is certainty about the amount of future outflows.
• C) The obligation is enforceable on the obligor entity.
• D) It represents an economic burden or obligation.

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Definitions:

Negative Reinforcers

Stimuli that, when removed after a response, increase the probability of that response occurring in the future.

Behavioral Psychologists

Professionals who study and analyze how human behavior is learned and influenced by the environment.

Permanent Change

Permanent change refers to alterations in a system or behavior that are enduring and not expected to return to their original state.

Latent Learning

Learning that is hidden or concealed.