The Cash Basis of Accounting Is an Accounting System in Which

question 38

True/False

The cash basis of accounting is an accounting system in which revenues are reported in the income statement when cash is received, and expenses are reported when cash is paid.

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Definitions:

Systematic Desensitization

A treatment for phobias that attempts to reduce fear in many small steps by associating the feared thing with calmness.

Variable-Ratio Reinforcement

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, promoting a high and steady response rate.

Fixed-Ratio Reinforcement

A type of conditioning schedule where a response is reinforced only after a specified number of responses have occurred.

Variable-Interval Reinforcement

A schedule of reinforcement where responses are rewarded after unpredictable intervals of time, enhancing response rates and resistance to extinction.