Notes Receivable Are Similar to Accounts Receivable but Are More

question 2

True/False

Notes receivable are similar to accounts receivable but are more formal credit arrangements evidenced by a written debt instrument,or note.

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Definitions:

Instrumentality

The belief or expectation that performing a certain behavior or achieving a particular level of performance will lead to a desired outcome or reward.

Reinforcement Theory

Is a process theory, usually associated with B. F. Skinner, which proposes that all behavior is a function of its consequences.

Fixed Interval Schedules

Are interval schedules in which the amount of time that must pass before a reward is given is constant over time.

Variable Ratio Schedules

Are ratio schedules in which the number of times a behavior must occur before it is rewarded changes over time.