Which of the Following Statements Is FALSE

question 72

Multiple Choice

Which of the following statements is FALSE?

• A)Although indirect costs of bankruptcy are difficult to measure accurately,they are typically much smaller than the direct costs of bankruptcy.
• B)Bankruptcy protection can be used by management to delay the liquidation of a firm that should be shut down.
• C)Because many aspects of the bankruptcy process are independent of the size of the firm,the costs are typically higher,in percentage terms,for smaller firms.
• D)Aside from the direct legal and administrative costs of bankruptcy,many other indirect costs are associated with financial distress (whether or not the firm has formally filed for bankruptcy).

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Definitions:

Primary Reinforcer

A stimulus that satisfies a basic biological need and is inherently rewarding.

Variable-ratio Schedule

A reinforcement schedule where a response is rewarded after an unpredictable number of responses, commonly used in behavior analysis.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any conditioning.

Immediate Reinforcer

A reward or consequence that follows directly after a behavior, enhancing the likelihood of that behavior recurring.