Which of the Following Accounts in a Merchandising Company Is

question 32

Multiple Choice

Which of the following accounts in a merchandising company is affected by both the revenue cycle and another cycle?

• A) sales
• B) sales returns and allowances
• C) inventory
• D) accounts receivable
• E) accounts payable

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Definitions:

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, famously demonstrated by Pavlov.

Operant Conditioning

A technique in education that involves altering a behavior's intensity through reinforcement or penal actions.

Cognitive Dissonance

The discomfort experienced when holding two or more conflicting beliefs, values, or attitudes, especially when actions contradict beliefs.

Exposure Effect

The phenomenon where repeated exposure to a stimulus increases an individual's preference for that stimulus.