People with an External Locus of Control

question 47

Multiple Choice

People with an external locus of control:

• A) are extremely self-reliant.
• B) are more likely to take responsibility for their own failures.
• C) feel that they have complete control over their lives.
• D) feel buffeted by forces such as random luck.

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Definitions:

Liquidation Expenses

Costs incurred during the process of winding up a company, selling its assets, and distributing the proceeds to claimants.

Account Balances

The amount of money in an account, representing the net difference between credits and debits in financial accounting.

Maximum Amount

The highest possible quantity or value that can be achieved or allowed, often within a specific context or regulation.

Deficit Balance

A financial situation where liabilities exceed assets or expenses exceed income, leading to a negative balance.