In Allocating Interest Expense Between U

question 11

True/False

In allocating interest expense between U.S. and foreign sources, a taxpayer elects to use either the tax basis of the income-producing assets or their fair market values.

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Definitions:

Conditioned Stimulus

A neutral stimulus that, after it's combined with an unconditioned stimulus, results in triggering a conditioned response over time.

Stimulus Generalization

A learning process in which responses to a specific stimulus are elicited by similar stimuli.

Stimulus Discrimination

The ability to differentiate between similar stimuli and respond differently based on past learning.

2nd Order Conditioning

A form of conditioning in which a stimulus that becomes a conditioned stimulus is used to condition a second stimulus.