CGJ Company Has Provided the Following

question 26

Multiple Choice

CGJ Company has provided the following:
200,000 shares of $5 par value common stock are authorized;
140,000 shares of common stock were issued for $11 per share;
130,000 shares are outstanding.
Which of the following statements is false?

• A)Common stock is reported at $700,000 on the balance sheet.
• B)Additional-paid in capital is reported at $840,000 on the balance sheet.
• C)Stockholders' equity decreased $110,000 when the treasury stock was purchased.
• D)There are 10,000 shares of treasury stock.

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Definitions:

Higher-Order Conditioning

A form of learning in which a stimulus is first made meaningful through classical conditioning. Then, another stimulus is paired with the first, causing the second stimulus to elicit the conditioned response even in the absence of the first.

Shaping

A method of positively reinforcing behaviors that are successively closer to the desired behavior.

Extinguish

In the context of psychology, to gradually reduce or eliminate a learned response by ceasing to reinforce the behavior.

Loudness

The perception of the intensity or volume of a sound, influenced by its amplitude and frequency, and measured in decibels.