Chipper,the Family Cocker Spaniel,wags His Tail When He Hears Father's

question 33

Multiple Choice

Chipper,the family cocker spaniel,wags his tail when he hears Father's car come up the driveway.Psychologists believe that Chipper does this because:

• A) Father must arrive home at the same time every day and Chipper's internal clock triggers his response
• B) dogs will be aroused by any sounds originating from outside the house
• C) he has a cognitive representation of his master and this thought causes him to wag his tail
• D) the sound of the car predicts the entrance of his beloved master

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Definitions:

Accounting Basis

The method by which revenues and expenses are recorded and recognized in financial statements, such as cash basis or accrual basis.

Rate of Return

The profit or deficit incurred on an investment during a designated time, shown as a fraction of the initial investment amount.

Net Income

The profit of a company after all expenses and taxes have been deducted from revenue.

Accounting Break-even

The point at which total revenues exactly equal total explicit costs, leading to neither a profit nor a loss.