Which One of the Following Children Is Displaying Extrinsic Motivation

question 69

Multiple Choice

Which one of the following children is displaying extrinsic motivation?

• A) Roxanne wants to be an accountant because she likes working with numbers.
• B) Brad wants to be a veterinarian because he loves animals and wants to help them.
• C) Elbert wants to become a professional football player so others will admire him.
• D) Donnetta wants to become an actress because she thinks acting is fun.

Understand the concept and accounting treatment of depreciation.

Recognize the effects of not making appropriate adjusting entries on financial statements.

Differentiate between accrued revenue/expenses and deferred revenue/expenses and their respective treatments.

Understand the basics of adjusting entries and their impact on financial statements.

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Definitions:

Net Investment

The total amount spent by a company on acquiring new assets, after subtracting disposals, intended to enhance the business’s earning capacity.

Plant Expansion

Plant expansion involves the process of enlarging a company's physical facilities, such as manufacturing plants or service centers, aiming to increase production capacity or operational efficiency.

Marginal Tax Rate

The rate at which an additional dollar of income would be taxed, pertaining to the highest tax bracket of an individual or entity.

Pellet Mill

A machine or device for producing pellets from powdered material by pressing, forming, or extruding it, commonly used in the manufacturing of animal feed or wood pellets.