Unlike U.S. GAAP, the Basis for Conclusions discussion is not included in the IFRS but is published separately

Which of the following statements regarding how to fix a mistake in an insurance application is NOT correct?

A) If the insurer discovers a mistake, it usually returns the application to the agent who, with the applicant, corrects the application. B) Under no circumstances may an agent correct information on an insurance application once it has been completed by the applicant. C) If the insurer discovers an incorrect application before the policy is issued, the insurer may cancel the contract. D) If the agent fixes the mistake in the application, the applicant must initial the correction."

Tony was so concerned that his department's project be completed on time that he offered all of his employees a $100 bonus for each day that the project was completed ahead of schedule. This is an example of

a. extinction. b. valence. c. variable reinforcement. d. positive reinforcement. e. extrinsic reward.