Token Economies Have Several Advantages Including That They

question 104

Multiple Choice

Token economies have several advantages including that they

• A)give clients an incentive to change.
• B)hold individuals responsible for maladaptive habits and actions.
• C)have resulted in many "hopelessly" intellectually disabled, mentally ill, or delinquent individuals returning to productive lives.
• D)have done all of these.

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Definitions:

Unearned Revenue

Money received by an entity for a service or product that has yet to be provided or delivered.

Non-Interest-Bearing Note

A promissory note with no stated interest rate, implying that interest is either implied in the transaction price or nonexistent.

Interest Expense

The expenses a company faces for borrowing money, usually shown on the income statement.

Discount On Notes Payable

This refers to the difference between the face value of a note payable and the amount received by the issuer, representing extra cost to be amortized over the term of the note.