HGC Outfitters Provides a $20 Employee Bonus for Every Fifth

question 21

Multiple Choice

HGC Outfitters provides a $20 employee bonus for every fifth sale. This is an example of a ______ schedule of intermittent reinforcement.

• A) fixed ratio
• B) fixed interval
• C) variable interval
• D) variable ratio

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Definitions:

At-risk Amount

The maximum amount of money an investor could lose in an investment, often used in the context of limiting losses in tax sheltered investments.

Passive Activity

Economic activities in which the taxpayer does not materially participate, often associated with rental properties or certain business investments.

Ordinary Loss

A loss incurred in the normal operation of a business, which can be used to reduce other taxable income on an owner's tax return.

Itemized Deductions

Expenses that taxpayers can subtract from their taxable income, detailed on Schedule A of the tax return.