Liz,after Qualifying at University and Having Several Years Experience Decides

question 36

Multiple Choice

Liz,after qualifying at university and having several years experience decides to set up her own dental practice..On 1 March she deposits $25,000 into a bank account she has opened for the practice.The effect of this transaction on the accounting equation is:

• A)Increase in assets of $ 25 000; increase in equity of $ 25 000.
• B)Increase in assets of $25 000; decrease in equity of $25 000.
• C)Increase in assets of $25 000; increase in liabilities of $25 000.
• D)Decrease in assets of $25 000; increase in equity of $25 000.

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Definitions:

Primary Reinforcers

Innate reinforcing stimuli that satisfy basic biological needs or desires, such as food, water, and sleep, without learning.

Secondary Reinforcers

Stimuli that acquire their reinforcing properties through their association with primary reinforcers, such as money getting its value from the things it can buy.

Schedules of Reinforcement

The specific patterns and timings of rewards or punishments that control the rate and timing of responses in operant conditioning.

Response Pattern

The characteristic manner in which an individual or system reacts to a specific stimulus or series of stimuli.