Once Cost Is Established for a Plant Asset It Becomes

question 29

True/False

Once cost is established for a plant asset it becomes the basis of accounting for the asset unless the asset appreciates in value in which case market value becomes the basis for accountability.

---

Definitions:

Operant Behavior

a type of learning where behavior is controlled by consequences, including rewards for reinforcement or punishment to decrease a behavior.

Immediate Reinforcers

Rewards that are given instantly following a desired behavior, thus strengthening the behavior's occurrence.

Magazine Subscriptions

The process of paying in advance to receive regular issues of a magazine over a specified period.

Reinforced

In behavioral psychology, refers to the strengthening of a behavior pattern by reinforcement, such as rewards or punishments, which increases the likelihood of the behavior being repeated.