The Concept of a Self-Liquidating Asset Implies That

question 108

Multiple Choice

The concept of a self-liquidating asset implies that:

• A) the working capital associated with a product will be liquidated within a one year period.
• B) all the product will be sold,receivables collected,and bills paid over the time period specified.
• C) assets associated with the production of a product will be liquidated over the amortized life of the assets.
• D) self-liquidating assets will be financed by long-term sources of capital.

---

Definitions:

Productivity

The measure of efficiency in converting inputs into useful outputs, often evaluated in terms of the amount of output produced per unit of input.

Reward Allocation Norms

Guidelines or principles that dictate how rewards such as recognition, salary increases, or promotions are distributed within an organization.

Social Loafing

The tendency of individuals to exert less effort on a task when working in a group than when working alone.

Motivation

The reason or reasons one has for acting or behaving in a particular way; the general desire or willingness of someone to do something.