Farmer Gable Had a Problem with Motorcyclists Riding Across His

question 13

Multiple Choice

Farmer Gable had a problem with motorcyclists riding across his meadow land, tearing up sod and frightening his cattle. He installed barbed wire fencing in the area and no longer had a problem.
Gable's approach is best described as an example of _______.

• A) response prevention
• B) extinction
• C) differential reinforcement
• D) punishment

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Definitions:

Perpetual Inventory

An inventory management system that updates item records on a continuous basis as transactions occur, providing real-time inventory levels.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in accounting to determine inventory costs.

Cost Flow Assumption

An accounting assumption used to value and manage inventory by determining the cost of goods sold and ending inventory.

Specific Identification

A method of inventory costing where each item in inventory is uniquely identified, allowing for the precise tracking of cost of goods sold and inventory levels.