The Teacher Praised the Students for Their Good Work on the Spelling

question 76

Multiple Choice

The teacher praised the students for their good work on the spelling test. The teacher hopes that the praise will encourage the students to study hard for the next spelling test. In this example, praise is operating as a _____.

• A) reinforcement
• B) punishment
• C) conditioner
• D) norm

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Definitions:

AASB 11

Australian Accounting Standard Board's directive concerning the financial reporting of interests in joint arrangements to ensure transparency and comparability.

Alternative Reporting Formats

Refers to various formats a company may use to present its financial statements, outside of the standard formats.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific project or business activity.

Joint Operation

An arrangement where two or more parties undertake an economic activity that is subject to joint control, where the parties have rights to the assets and obligations for the liabilities.