The ______________ Principle Gives Accountants Guidance as to When Revenue

question 67

Short Answer

The ______________ principle gives accountants guidance as to when revenue is to be recorded.

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Definitions:

Extinction

In behavioral psychology, it refers to the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Operant Conditioning

A learning process where behavior is controlled by consequences, such as rewards or punishments.

Respondent Conditioning

A learning process that involves creating an association between a naturally occurring stimulus and a previously neutral stimulus.

Shaping

A method of behavior training in which positive reinforcement is used to gradually guide an individual toward a desired behavior.