Which of the Following Statements Would Be an Example of a Medium-Term

question 14

Multiple Choice

Which of the following statements would be an example of a medium-term goal?

• A) save $2000 over the next two years toward the purchase of a new car
• B) pay off my credit card balance within the next 60 day
• C) pay off the mortgage on the house by 2025
• D) have all of my student loans paid off within 10 years of graduation

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Definitions:

Intrinsic Rewards

Rewards that are self-administered and internally satisfying, such as personal achievement or a sense of accomplishment.

Extrinsic Rewards

Rewards granted from an external source to an individual or group for their services or achievements.

Social Worker

A professional dedicated to helping individuals, families, and communities to cope with problems and improve their quality of life.

Cash Bonuses

Monetary rewards given to employees as incentives for achieving specific performance goals or milestones.