A Parcel of Corporate Land Was Recently Dedicated as the New

question 101

Multiple Choice

A parcel of corporate land was recently dedicated as the new plant site. What cost allocation should the land receive, based on the following: original cost of $200,000, highest market value during time of ownership of $300,000, net book value of $200,000, a recent offer to purchase for $250,000?

• A) $200,000
• B) $250,000
• C) $275,000
• D)$300,000

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Definitions:

Classical Conditioning

The learning method that occurs through repeated pairings of two stimuli, resulting in a response that at first is triggered by the second stimulus but in time is triggered by the first stimulus.

Operant Conditioning

The act of learning in which the intensity of a behavior is transformed by the application of rewards or punishments.

Instrumental Learning

Also known as operant conditioning, it is a learning process through which the strength of a behavior is modified by reinforcement or punishment.

Biological Predispositions

Innate tendencies or propensities intrinsic to an individual's biology that may influence behaviors, traits, or disease vulnerabilities.