When Choosing Whether or Not to Replace Usable Fixed Assets,management

question 12

True/False

When choosing whether or not to replace usable fixed assets,management should consider the future costs,but not the prior costs,of continuing to use the asset versus the costs and benefits of replacement.

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Definitions:

Negative Punishment

A loss or unavailability of reinforcement because of inappropriate behavior.

Omission Training

A learning process in which the reinforcement is omitted or withdrawn when a certain behavior is performed, leading to a decrease in that behavior.

S-R Association

A connection formed between a specific stimulus and its consequent response, fundamental to the learning process in behaviorism.

Punishing

The introduction of an adverse stimulus or the removal of a positive stimulus to decrease the likelihood of a behavior occurring in the future.