The Current Book Value of an Asset Serves as the Basis

question 61

Multiple Choice

The current book value of an asset serves as the basis for determining the gain or loss ________.

• A)at retention
• B)at book value
• C)at market value
• D)at disposal

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Definitions:

Reinforcement

In operant conditioning, a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Responses

Reactions or behaviors produced by an organism in response to a specific stimulus or situation.

Continuous Reinforcement

is a method of learning where a desired behavior is reinforced each time it occurs, leading to faster acquisition of the behavior.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an association is made between a behavior and a consequence for that behavior.