Which Term Below Is Best Described as "The Length of Time

question 171

Multiple Choice

Which term below is best described as "the length of time required to recover the cost of an investment"?

• A) Time value of money
• B) Capital budgeting
• C) Payback period
• D) Annuity

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Definitions:

Conditioning

A process of behavior modification by which a subject comes to associate a desired behavior with a previously unrelated stimulus.

Reinforcement

In behavioral psychology, a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Motivation

The set of psychological forces that compel a person to take action towards a goal or outcome.

Modeling

A behavioral learning technique whereby individuals learn by observing and imitating others.