Which of the Following Is True Regarding Contingency Variables

question 114

Multiple Choice

Which of the following is true regarding contingency variables?

• A) They refer to situational factors that moderate the relationship between two or more variables.
• B) They make simple, accurate, and sweeping generalizations about concepts in organizational behavior.
• C) They indicate that everyone is motivated by money and financial perks.
• D) They refer to scientific factors which are based on universal truths.
• E) They remain constant irrespective of any change in the environment.

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Definitions:

Current Assets

Assets expected to be converted into cash, sold, or consumed within a year or the operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations due within one year or within the normal operating cycle of the business, whichever is longer.

Current Ratio

The current ratio is a financial metric that measures a company's ability to pay short-term obligations with its short-term assets.

Short-term Debts

Obligations or loans that are due to be paid within one year or less, typically used to fund immediate operational needs.