Which of the Following Statements About Financial Accounting Is CORRECT

question 93

Multiple Choice

Which of the following statements about financial accounting is CORRECT?

• A)Financial accounting is focused on planning and controlling operations.
• B)Financial accounting is forward- looking.
• C)Financial accounting is focused on detailed reports on parts of the company.
• D)Financial accounting is oriented towards helping investors make decisions.

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Definitions:

Conditioned Stimulus

A formerly neutral trigger that, upon association with an unconditioned stimulus, leads to eliciting a conditioned response.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without the need for learning.

Classical Conditioning

A learning process in which a natural response is elicited by a conditioned stimulus that is previously paired with an unconditioned stimulus.

Skinner Box

An experimental apparatus created by B.F. Skinner to study animal behavior through controlled environments.