Suppose You Are at a Friend's Home, and While You

question 37

Multiple Choice

Suppose you are at a friend's home, and while you are socializing his son, Nils, explores the living room.You notice that Nils has found a small wooden box that he tries to open repeatedly.Nil's father reaches down and unlatches the catch on the box, but Nil begins to cry until his father opens it for him.Which of the following types of achievement motivation best describe Nil's behaviour?

• A)learned preservation
• B)learned helplessness
• C)mastery seeking
• D)approval seeking

---

Definitions:

FIFO

"First In, First Out," a method of inventory valuation where the earliest acquired goods are sold first.

Rising Prices

A situation where the general level of prices for goods and services in an economy increases over a period of time.

Inventory Method

An accounting approach used to value and manage inventory, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).

Current Cost

The current market value of an asset or the replacement cost at which an item can be bought or produced now.