Marvin Gardens Received a Bank Statement Showing a Balance of $1,300

question 88

Multiple Choice

Marvin Gardens received a bank statement showing a balance of $1,300. What is the adjusted balance if there was a bookkeeper error of $150 in the depositor's favour, two outstanding cheques totalling $40, a service charge of $10, a deposit in transit of $150, and interest revenue of $26 earned by the depositor?

• A)$960
• B)$1,586
• C)$1,560
• D)$1,410

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Definitions:

Variable-Interval Reinforcement

A reinforcement schedule in which rewards are provided after an unpredictable time interval, leading to reasonably steady response rates.

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Extinguish

In psychology, to diminish a conditioned response by repeatedly presenting the conditioned stimulus without the unconditioned stimulus.

Negative Reinforcement

A behavioral psychology principle where the removal of an unfavorable outcome or stimulus strengthens a behavior or increases its likelihood of recurrence.