In Comparing the Canceled Checks on the Bank Statement with the Entries

question 41

Multiple Choice

In comparing the canceled checks on the bank statement with the entries in the accounting records,it is found that check number 4239 for November's rent was correctly written and drawn for $7,390,but was erroneously entered in the accounting records as $3,790.When preparing the November bank statement,the company should:

• A)Deduct $3,600 from the book balance of cash
• B)Add $3,600 to the bank statement balance
• C)Add $7,390 to the book balance of cash
• D)Deduct $3,600 from the bank statement balance
• E)Add $3,600 to the book balance of cash

Identify the applications of learning theories in real-world settings and problem-solving scenarios.

Distinguish between different types of learning, such as classical conditioning, operant conditioning, and observational learning.

Explain the significance of discriminative stimuli and how they influence behavior.

Understand the process and purpose of shaping in behavior modification.

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Definitions:

Trough

The lowest point in an economic cycle, representing a period of reduced economic activity before a recovery begins.

Business Cycle

The fluctuations in economic activity that an economy experiences over a period of time, typically involving phases of expansion and contraction.

Unemployment Insurance

A government-provided financial assistance program for individuals who have lost their jobs, offering temporary income support while they seek new employment.

Unemployed

Individuals who are without a job but are actively looking for work and available to start work.