Which of the Following Statements Is False

question 49

Multiple Choice

Which of the following statements is false?

• A)A liability is created when cash is received prior to delivery of the goods or services to a customer.
• B)Revenue is recognized at the time of delivery of the goods or services to customers if cash is received.
• C)Revenue is not recognized at the time of delivery of goods and services to customers if cash is received after delivery of the goods and services.
• D)Collecting cash after delivery of a good or service to a customer does not create revenue on the income statement at the date of collection.

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Definitions:

Operant Conditioning

A method of learning that uses rewards and punishments to achieve desired behaviors.

Pavlovian Conditioning

A type of learning in which an unconditioned stimulus (such as food) that naturally produces an unconditioned response (such as salivation) is associated with a conditioned stimulus (such as a bell), leading to a conditioned response.

Animal Misbehavior

Actions by animals that are not in line with the expected or trained behaviors, often seen as problematic.

Flavor Aversion

A learned avoidance of a particular food or taste because it has been associated with an unpleasant or nauseating experience.