All of the Following Are Considered to Be Long-Term Liabilities

question 139

Multiple Choice

All of the following are considered to be long-term liabilities for Parsons Company except:

• A) Bonds issued this year (due in 10 years).
• B) The third year payments for a three-year lease signed this year.
• C) The current year portion of Deferred taxes.
• D) The principal of a note payable signed this year, but due in five years.

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Definitions:

Stimulus Generalization

The phenomenon where a response to a specific stimulus becomes associated with similar stimuli, resulting in a similar response.

Type I Punishment

A method of behavior modification that involves the application of an aversive stimulus following an unwanted behavior, aimed at decreasing the frequency of that behavior.

Type II Punishment

A form of punishment where a positive stimulus is removed following undesirable behavior to decrease the likelihood of that behavior occurring again.

Positive Reinforcer

A stimulus or event that increases the likelihood of a behavior being repeated when it is presented following that behavior.