Patrick Is in the Habit of Using His Credit Card

question 59

Multiple Choice

Patrick is in the habit of using his credit card for expenditures made on business trips. The most likely reason he does this is to

• A) lower his business expenses.
• B) take a deduction on the interest he pays on his credit card balance.
• C) pad his expense account.
• D) keep track of his purchases.

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Definitions:

Motivation Theories

A set of theories that aim to explain what drives individuals to initiate, direct, and sustain behaviors and actions to achieve certain goals.

Purposeful Behavior

Actions that are directed towards achieving specific, intentional goals or outcomes.

Physiologically Satisfied

A state in which physical or biological needs are fulfilled, leading to a sense of contentment and well-being.

Safety Needs

In Maslow's hierarchy of needs, these are the second level of human needs, focusing on the security of the body, employment, resources, morality, the family, health, and property.