Katarina Has the Conviction That She Can Do What She

question 172

Multiple Choice

Katarina has the conviction that she can do what she sets out to do, whether it is mastering a new skill or reaching her goal of becoming a U.S. citizen. Psychologists call this feeling of competence:

• A) a performance goal.
• B) drive.
• C) self-efficacy.
• D) the need for achievement.

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Definitions:

Internal Controls

Procedures and mechanisms implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Operating Activities

Activities that are directly related to the day-to-day operations of a business, such as sales, supply procurement, and employee wage payment.

Separation Of Duties

A key principle in internal control that involves dividing responsibilities among different personnel or departments to reduce risk of fraud and errors.

CPA Licenses

Certifications granted to accounting professionals who meet the education, experience, and examination requirements of their jurisdiction, allowing them to practice as Certified Public Accountants.