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A Plant Asset Is Sold for $1,000

question 48

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A plant asset is sold for $1,000.The original cost was $9,000,salvage value was estimated at $200,and useful life was estimated at 12 years.At time of sale,accumulated depreciation was $8,500.The sale resulted in a loss of $500.


Definitions:

Stimulus Discrimination

The learned ability to differentiate between similar stimuli and respond only to the actual stimuli associated with a conditioned response.

Operant Conditioning

A behavioral conditioning method where the influence of an action is shaped by reward or correction.

Stimulus Discrimination

The learned ability to differentiate between similar stimuli and respond appropriately to each.

Spontaneous Recovery

The reappearance of a previously extinguished response after a period of no exposure to the conditioned stimulus, observed in classical conditioning.

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