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Briefly describe observational learning, and explain how it relates to classical and operant conditioning.
Plant Asset
Long-term assets such as buildings, machinery, and equipment used in the operations of a business.
Allocated
The process of assigning or distributing resources, costs, or revenues to various accounts or cost centers based on a specific criterion or formula.
Accrued Expense
An accounting term for expenses that have been incurred but not yet paid, recorded on the books to reflect true financial position.
Salary Owed
The amount of payment due to employees for services rendered that has not yet been paid.
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