The Accounting Principle That Requires That the Cost Flow Assumption

question 175

Multiple Choice

The accounting principle that requires that the cost flow assumption be consistent with the physical movement of goods is

• A)called the matching principle.
• B)called the consistency principle.
• C)nonexistent; that is, there is no such accounting requirement.
• D)called the physical flow assumption.

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Definitions:

Reinforcement

A stimulus or event that increases the likelihood of a behavior being repeated, it can be positive (adding) or negative (removing).

Shaping

Shaping is a method of training by which successive approximations toward a desired behavior are reinforced.

Primary Reinforcement

A reinforcer that satisfies a basic biological need or desire, such as food, water, or sleep, which is inherently motivating.

Secondary Reinforcement

A type of reinforcement where a stimulus gains its reinforcing power through its association with a primary reinforcer.