In Value-Stream Reporting, the Income Statement Reflects the Profit/loss by

question 151

Multiple Choice

In value-stream reporting, the income statement reflects the profit/loss by

• A) individual product line.
• B) activity.
• C) value stream.
• D) customer.

---

Definitions:

Object Permanence

The understanding that objects continue to exist even when they cannot be observed (seen, heard, touched, smelled, or sensed in any way).

Information Processing Approach

A cognitive psychology theory that compares human thought processes to computer processing, focusing on how information is received, processed, stored, and retrieved.

Operant Conditioning

A method of teaching in which behavior is altered through the application of rewards or consequences.

B.F. Skinner's View

The perspective of psychologist B.F. Skinner that emphasizes the importance of reinforcement and punishment in shaping behavior, known as behaviorism.