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Two boys are fighting on school grounds during recess.Fighting is against school rules, and the boys know this.Even so, a teacher who sees them lets them continue to fight rather than punishing them for doing so.Judging from what social cognitive theorists say regarding what happens when expected punishments do not occur, we can predict that these boys will be:
Measurability Conditions
Criteria used to determine whether the financial impact of an event can be reliably measured and should be recognized in the financial statements.
Installment Sales Method
An accounting method where revenue is recognized at the time of cash collection rather than at the point of sale.
IFRS
International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board that is becoming the global standard for the preparation of public company financial statements.
Cost Recovery Method
An accounting technique where revenue is recognized only after the costs of the sold goods or services are recovered, deferring profit recognition.
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