Expenses Other Than Cost of Goods Sold, That Are Incurred

question 80

Multiple Choice

Expenses other than cost of goods sold, that are incurred in the entity's major line of business are called:

• A)merchandising expenses.
• B)servicing expenses.
• C)other expenses.
• D)operating expenses.

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Definitions:

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without the need for prior learning.

Conditioned Response

An automatic response established by training to an ordinarily neutral stimulus.

Conditioned Stimulus (CS)

A previously neutral stimulus that eventually elicits a conditioned response after being paired with the unconditioned stimulus.

Unconditioned Stimulus (US)

A stimulus that produces a response without prior learning.