Who Proposed the Law of Effect

question 77

Multiple Choice

Who proposed the law of effect?

• A)Ivan Pavlov
• B)John Watson
• C)B.F.Skinner
• D)Edward Thorndike

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Definitions:

Financial Management

The strategic planning, organizing, directing, and controlling of financial activities such as procurement and utilization of funds to achieve organizational goals.

Cash Flows

The total amount of money being transferred into and out of a business, often analyzed for evaluating the liquidity, flexibility, and overall financial health of the entity.

Cash-flow Management

The process of monitoring, analyzing, and adjusting a business's cash inflows and outflows, ensuring liquidity and operational stability.

Cash Budget

A financial plan that estimates incoming and outgoing cash flows over a particular period, helping manage liquidity and plan for future needs.