The Allowance Method and the Direct Write-Off Method Are Both

question 28

True/False

The allowance method and the direct write-off method are both methods of aging accounts receivable.

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Definitions:

Schedules of Reinforcement

The strategy or pattern in which rewards or punishments are given to encourage or discourage behavior.

Punishing Contingency

An approach in management or behavioral psychology where negative consequences are applied to reduce or eliminate undesirable behavior.

Operant Conditioning

A training technique where the vigor of a conduct is adjusted by the use of reinforcements or sanctions.

Classical

Relating to traditional concepts, styles, or methods that have been established over a long period.