Each Time Robert Fails to Do His Homework,five Points Are

question 64

Multiple Choice

Each time Robert fails to do his homework,five points are deducted from his total course points.The procedure being used by the teacher is

• A)negative reinforcement.
• B)presentation punishment.
• C)response cost.
• D)satiation.

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Definitions:

FIFO Method

An inventory valuation method where the first goods purchased or produced are the first ones removed from inventory and sold, standing for "first-in, first-out."

Equivalent Unit

An equivalent unit measures a portion of completed goods in terms of an equal number of fully completed units, used in cost accounting to assess production and inventory.

Current Period

Refers to the present accounting period or cycle in which business transactions are being recorded and reported.

Nearest Cent

Rounding a monetary amount to the closest cent, often used in financial transactions to avoid fractions of a cent.