A Cash Equivalent Is a Current Asset That

question 2

Multiple Choice

A cash equivalent is a current asset that:

• A) will be converted to cash within one year.
• B) will be converted to cash within one month.
• C) is readily convertible into cash with a minimal risk.
• D) is readily convertible into cash with a substantial risk.
• E) none of these.

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Definitions:

Stimulus Generalization

The tendency for the conditioned response to be evoked not only by the conditioned stimulus but also by stimuli similar to the conditioned stimulus.

Gradual Acquisition

The slow and incremental process of obtaining or developing skills, knowledge, or abilities over time.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response. In biology, the permanent loss of a species.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, commonly used in learning and behavior analysis.