Which of the Following Is an Example of a Primary

question 215

Multiple Choice

Which of the following is an example of a primary reinforcer?

• A) food
• B) money
• C) a college diploma
• D) praise

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Definitions:

Gain Or Loss

The financial result that occurs when the selling price of an asset differs from its original purchase price.

Goodwill

Goodwill represents the excess of the purchase price over the fair value of the net assets of a business acquired. It reflects intangible assets such as brand reputation, customer relationships, and intellectual property.

Acquisition-Date Fair Value

The worth of an asset or company at the exact date it is acquired by another entity, based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants.

Consolidation

The process of combining the financial statements of separate subsidiaries or companies to form a single comprehensive financial statement.