Based on the Law of Effect Means That

question 40

Multiple Choice

Based on the law of effect means that:

• A) Many people like to be punished.
• B) Good things happen to bad people
• C) We repeat things we are punished for - they are usually fun to do
• D) We repeat actions that give us a pleasurable consequence.

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Definitions:

Authorized Persons

Individuals who are officially permitted to carry out specific actions within an organization or system.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a named party.

Cost-Benefit

An analysis or approach that compares the costs of an action to its benefits to determine its feasibility or value.

Internal Controls

Procedures and mechanisms put in place by a company to safeguard assets, enhance the reliability of financial reports, and ensure compliance with laws and regulations.