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A group of rats was run through a maze for 12 days. On days 1 through 10, there was no food reward at the end of the maze, and the rats made many errors as they slowly moved through the maze. On day 11, researchers placed a food reward at the end of the maze. With the food reward in place, the rats ran the maze very quickly and with few errors. According to psychologist _____, this experiment demonstrated a phenomenon called _____.
Old Equipment
Refers to machinery or tools that have been used over an extended period and may now be considered outdated or less efficient.
Indirect Method
A financial accounting technique used to prepare the cash flow statement, where changes in balance sheet items are adjusted to convert accrual-based net income into cash flow.
Operating Activities
Encompasses the revenue-generating activities of a business, including production, sales, and delivery of the company's product, as well as day-to-day operations.
Statement Of Cash Flows
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, dividing cash flows related to operating, investing, and financing activities.
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