An Accountant Recognizes the Impact of a Business Event as It

question 16

Multiple Choice

An accountant recognizes the impact of a business event as it occurs and accounts for it appropriately under which basis of accounting?

• A)Accrual
• B)Deferred
• C)Cash
• D)Prepaid

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Definitions:

Escape Behavior

An action taken to terminate an ongoing, unpleasant, aversive stimulus.

Mowrer's Two-Factor Theory

A psychological theory that integrates classical and operant conditioning to explain avoidance learning and the development of phobias.

Escape Response

A behavioral response to an aversive event that is reinforced by the termination of the aversive event.

Punishment

The introduction of a consequence in response to a behavior with the intent to decrease the likelihood of that behavior occurring in the future.