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Only Items Specifically Identified in GASB Standards May Be Reported

question 9

True/False

Only items specifically identified in GASB standards may be reported as deferred inflows or deferred outflows.


Definitions:

Positive Reinforcer

A stimulus which, when presented after a behavior, increases the likelihood of that behavior being repeated.

Noxious Stimulus

An unpleasant or harmful stimulus that can cause pain or discomfort to an organism.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning or conditioning.

Optimistic Bias

The tendency to believe that one is less likely than others to experience negative events and more likely to experience positive events.

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