The Law of Effect Refers to the Tendency to

question 45

Multiple Choice

The law of effect refers to the tendency to

• A) learn associations between consecutive stimuli.
• B) learn in the absence of reinforcement.
• C) repeat behaviors that are rewarded.
• D) lose intrinsic interest in an over-rewarded activity.

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Definitions:

Cost System

An accounting system designed to capture, measure, and allocate costs associated with the production of goods or provision of services.

Equivalent Units

A concept in cost accounting used to convert partially completed goods into the equivalent of a full finished unit for inventory valuation.

Conversion Costs

Expenses associated with converting raw materials into finished products, typically including labor and overhead costs.

Process Costing

An accounting method used to allocate costs to products that are nearly identical and produced in a continuous process.