During 2019, a Company Makes Credit Sales of $600 000

question 6

Multiple Choice

During 2019, a company makes credit sales of $600 000, of which $475 000 is collected at year-end. It pays $175 000 in expenses and owes $50 000 for electricity used during 2019. Accrual profit is:

• A) $250 000
• B) $275 000
• C) $375 000
• D) None of the above

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Definitions:

Discrimination Learning Stages

The phases through which an organism passes when learning to respond differently to various stimuli, improving its ability to differentiate between them.

Hull And Spence

Psychologists Clark L. Hull and Kenneth Spence are known for their contributions to behaviorist theory, especially regarding motivation and learning processes.

Stimulus Generalization

the tendency for the conditioned response to be elicited by stimuli that are similar but not identical to the conditioned stimulus.