If a Company Receives Payment Two Months After It Provides

question 83

Multiple Choice

If a company receives payment two months after it provides a service:

• A)only one journal entry will be needed.
• B)cash will be credited.
• C)a revenue account will be increased with a debit.
• D)stockholders' equity will increase.

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Definitions:

Reinforcement Schedule

A plan for how and when reinforcement will be delivered in operant conditioning to encourage certain behaviors.

Response Rate

The frequency or speed of responses to a stimulus or query, often used in surveys, research, and experiments.

Extinction

The process of eliminating a behavior by withholding reinforcement.

Successive Approximation

An explanation for the acquisition of complex behavior. Behavior such as learning to speak will be reinforced only as it comes to approximate or approach the final desired behavior.