Refer to the Scenario Below to Answer the Questions That

question 47

Multiple Choice

Refer to the scenario below to answer the questions that follow.
Many communities have civil-defense tornado sirens that are sounded to warn people that a tornado has been spotted nearby and that they need to seek shelter immediately. In order to ensure that the sirens are functioning correctly, they need to be tested occasionally-but without generating a false alarm. A number of communities have announced that 9:00 a. m. on the first Tuesday of each month is their test time and that a siren sounded at this time can safely be ignored.
-This testing procedure relies on

• A) feature-negative discrimination.
• B) feature-positive discrimination.
• C) the reinstatement effect.
• D) the rapid reacquisition effect.

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Definitions:

Expected Completion Date

The projected date when a project or task is anticipated to be finished.

Projected Unit Credit Method

An actuarial technique used to estimate the present value of defined benefit obligations and related current service costs for pension plans.

Long Service Leave Obligations

Obligations to employees arising from their entitlement to long service leave, a form of employee leave based on extended service to an employer.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.