A Simple Form of Learning That Involves a Decrease in Response

question 81

Multiple Choice

A simple form of learning that involves a decrease in response to repeated or continued stimulation is called

• A) sensitization.
• B) desensitization.
• C) habituation.
• D) dishabituation.

Grasp the concept of net income and its calculation.

Understand the implications of transactions on financial statements.

Be aware of the legal entity concept and its application to different forms of business organization.

Appreciate the importance of the separation between business and personal financial activities.

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Definitions:

T-account

A graphical representation of a ledger account that is used for educating and understanding accounting.

Transaction Date

The exact date on which a financial transaction occurred or was executed.

General Journal

A primary accounting record used to record financial transactions that cannot be processed in specialized journals, documenting the full detail of each transaction.

Chart of Accounts

The chart of accounts is a systematic listing of all account titles and numbers used in a company's accounting system, facilitating organization and financial reporting.