Examlex

Solved

A Manager Who Derives a Sense of Accomplishment from Managing

question 114

Multiple Choice

A manager who derives a sense of accomplishment from managing a large corporation and strives to reach year-end targets in order to obtain large stock options is said to be:


Definitions:

Liquidity

How effortlessly an asset can be turned into cash without altering its market price.

Periodic Inventory System

An inventory accounting system where the inventory level is updated and the cost of goods sold is calculated at the end of a period, rather than after each sale.

Purchases Account

An account used in accounting to record the total cost of goods bought for resale during an accounting period.

Freight In

The cost of transporting goods into a business, usually included in the cost of inventory.

Related Questions