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Behavior extinction occurs when an aversive consequence is added.
Accrual Basis Accounting
An accounting method where revenues and expenses are recorded when earned or incurred, regardless of when the cash transactions occur.
Statement of Retained Earnings
A financial statement that shows the changes in a company's retained earnings over a specific period.
Net Income
The remaining profit of a company post deduction of all expenses, taxes, and costs from its total revenues.
Unearned Revenues
Income received by a company for goods or services to be provided in the future, which is recorded as a liability until earned.
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