Which of the Following Statements Is Incorrect

question 21

Multiple Choice

Which of the following statements is incorrect?

• A) Depreciation is an internal transaction.
• B) The cash at bank account is affected by depreciation.
• C) Depreciation causes cash flow from operations to be greater than profit.
• D) The total depreciation charged over the life of the asset should be the same regardless of the method of depreciation used.

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Definitions:

Learning

The process of acquiring new understanding, knowledge, behaviors, skills, values, or preferences, often resulting from study, instruction, or experience.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Desensitization

The diminished emotional responsiveness to a negative, aversive, or positive stimulus after repeated exposure to it.