Which of the Following Accounts Is an Asset

question 143

Multiple Choice

Which of the following accounts is an asset?

• A) Cash
• B) Notes payable
• C) Drawing
• D) Expenses

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Definitions:

Punishment

A method used to reduce undesirable behavior by applying a negative consequence or removing a positive stimulus following the behavior.

Extinction

In the context of behavioral psychology, it refers to the gradual weakening and eventual disappearance of a conditioned response when it is no longer reinforced.

Behaviorist Approach

A learning theory that focuses on observable behaviors and the ways they're learned, emphasizing the importance of external stimuli and reinforcement.

Observable Behavior

Refers to actions or reactions of an individual or system that are visible and measurable.