When an Owner Withdraws Cash or Other Assets from a Business

question 170

Multiple Choice

When an owner withdraws cash or other assets from a business for personal use these withdrawals are termed

• A) depletions.
• B) consumptions.
• C) drawings.
• D) a credit line.

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Definitions:

Attention

The mental activity of focusing attention on a single element of one's surroundings, while disregarding other stimuli.

Reinforcement

In behavioral psychology, a process that increases the likelihood of a behavior being repeated, which can be positive (adding a desirable stimulus) or negative (removing an aversive stimulus).

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

A learning technique in which ongoing association between two stimuli eventually leads to a response initially induced by the second stimulus being induced by the first stimulus alone.