A Business Makes a Payment in Cash for Advertising Expense

question 128

Multiple Choice

A business makes a payment in cash for advertising expense. Which of the following accounts will be credited?

• A)Notes Payable
• B)Accounts receivable
• C)Cash
• D)Advertising expense

Understand the concept of latent learning and its significance in the absence of reinforcement.

Recognize the role and techniques of exposure therapy in treating learned associations.

Understand the concept of higher order conditioning and its effects on behavior.

Understand the various stages of ethical development and identify them in given scenarios.

---

Definitions:

Grocery Store

A retail store that primarily sells food, both fresh and packaged, along with various household items.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service.

Charge Customers

The act of requesting payment from consumers for goods or services provided.

Bundled Price

A pricing strategy where multiple products or services are sold together at a single, combined price, often at a discount to purchasing them separately.