Happy House Corporation Reported Net Income of $425,000 for the Current

question 34

Multiple Choice

Happy House Corporation reported net income of $425,000 for the current year. After the financial statements had been prepared, it was discovered that ending inventory had been overstated by $25,000. The correct net income was:

• A) $450,000.
• B) $425,000.
• C) $400,000.
• D) $300,000.

---

Definitions:

Single Subject

Research design typically used in the fields of psychology and education to measure the response of an individual to an intervention.

Shaping

A method of teaching new behaviors by reinforcing successive approximations toward the desired behavior.

Respondent Behavior

A form of behavior that occurs in response to a specific stimulus and is typically conditioned through Pavlovian or classical conditioning.

Self-Control

The skill of managing one's emotions, cognitive processes, and actions amidst challenges and spontaneous inclinations.