The Fixed Asset System Is Similar to the Expenditure Cycle

question 90

Multiple Choice

The Fixed Asset System is similar to the expenditure cycle except

• A) fixed asset transactions are non-routine and require special authorization and controls
• B) fixed assets are capitalized, not expensed
• C) both a and b
• D) none of the above

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Definitions:

Conditioned Stimulus

An initially neutral signal that, once it is linked with a natural stimulus, eventually elicits a learned response.

Pavlov

Ivan Pavlov, a Russian physiologist known primarily for his work in classical conditioning, particularly experiments with dogs leading to the concept of the conditioned reflex.

Neutral Stimulus (NS)

In classical conditioning, a stimulus that elicits no response before conditioning.

Conditioned Stimulus (CS)

In classical conditioning, a previously neutral stimulus that, after association with an unconditioned stimulus (US), comes to trigger a conditioned response.