Which One of the Following Is a Disadvantage of Using

question 161

Multiple Choice

Which one of the following is a disadvantage of using credit?

• A)Receiving advance notice of sales
• B)Temptation to overspend
• C)Avoiding the necessity of carrying cash
• D)Ease of returning merchandise
• E)Having a record of all purchases

Distinguish between primary and secondary reinforcers.

Describe mechanisms of learning recovery phenomena, such as extinction, spontaneous recovery, and conditioning theories.

Differentiate between positive and negative reinforcement, and understand how they influence behavior.

Understand the general adaptation syndrome and types of responses to stress.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue, indicating the company's overall profitability.

Statement of Cash Flows

A financial report that shows the cash generated and used by a company during a specific period, classified into operating, investing, and financing activities.

Operating Activities

Activities that are directly related to the primary operations of a company, such as manufacturing, distributing, marketing, and selling a product or service.

Retained Earnings

The amount of net income left over for the business after it has paid out dividends to its shareholders.