Krystle Is Always Late for Meetings

question 42

Multiple Choice

Krystle is always late for meetings.After many stern looks and being scolded by her co-workers,Krystle learns that if she brings snacks to the meetings,her co-workers will not scold her for being late.This is an example of ____ conditioning.

• A) escape
• B) avoidance
• C) higher-order
• D) latent

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Definitions:

Closing Journal Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company's books for the next period.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the operating cycle of a business, whichever is longer.

Current Liabilities

Financial obligations a company is required to pay within one year or within the normal operating cycle.

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its short-term assets.