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When a Financial Analyst Evaluates a Company's Operating Performance,the Evaluation

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When a financial analyst evaluates a company's operating performance,the evaluation should exclude extraordinary items.


Definitions:

Instrumental Conditioning

A learning process in which an individual alters behavior due to the association of actions with punishments or rewards.

Classical Conditioning

The process of learning where, through continuous pairing, a reaction initially provoked by the second of two stimuli is eventually provoked by the first stimulus.

Preparedness

The state of being readily equipped or mentally ready to handle situations or to undertake specific tasks.

Response Acquisition

The process through which new behaviors are learned or acquired, often discussed in the context of conditioning in psychology.

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