Examlex

Solved

Consider the Following Three Statements

question 189

Multiple Choice

Consider the following three statements:
I.A profit centre has control over both cost and revenue.
II.An investment centre has control over invested funds,but not over costs and revenue.
III.A cost centre has no control over sales.
Which statement(s) is/are correct?


Definitions:

Response and Reward

The relationship between performing a specific behavior and receiving a corresponding outcome or reward, crucial in learning and motivation.

Guthrie

A psychologist recognized for his "contiguity theory" of learning, positing that associations between stimuli and responses are established through pairing or association.

Competing Associations

In learning and memory, the concept where multiple stimuli or ideas are linked to a single response or memory, leading to potential conflicts in recall or behavior.

Stimuli

External or internal elements that elicit responses from an organism or system.

Related Questions