Relevance and Cost Are Two Constraints in Accounting

question 150

True/False

Relevance and cost are two constraints in accounting.

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Definitions:

Drive-reduction

A theory in psychology that suggests motivation arises from the need to reduce internal drives such as hunger or thirst, leading to certain behaviors.

Relatedness

The need to feel connected to others, being part of a group or relationship that provides a sense of belonging.

Competence

The ability to do something successfully or efficiently, often relating to a specific skill or knowledge set.

Intrinsic Motivation

The drive to engage in activities for their own sake, for the satisfaction and pleasure derived from the activity itself, rather than for some external reward.