After a client completes a target response, the client imagines that he is on a beach in Bermuda and listening to the waves crash against the rocks. This reward would most likely be considered:

A) externalized negative reinforcement.
B) covert negative reinforcement.
C) covert positive reinforcement.
D) negative reinforcement.

Firms are required to disclose separately total expensed R&D costs;thus,analysts can use these disclosures to reconstruct what asset and amortization amounts would be if GAAP allowed R&D to be capitalized.

Inventories can be classified by form and function.

A condition characterized by continuing rise in prices over a period of time refers to:

A) inflation.
B) depression.
C) a recession.
D) economic contraction.
E) deflation.

Given the following data: Return on investment (ROI) is:

A) 30%
B) 5%
C) 20%
D) 12%

Company X produces more than one product at its manufacturing facility,which lowers the firm's overall production costs.This is most likely an example of ________.

A) economies of scale
B) economies of scope
C) market diversification
D) horizontal integration