Ginger Likes to Set Her Own Goals, Which Have an Intermediate

question 28

Multiple Choice

Ginger likes to set her own goals, which have an intermediate level of difficulty. Which of the entrepreneurial characteristics does she probably possess?

• A) A high need for achievement
• B) A high need for power
• C) An external locus of control
• D) An inability to deal with uncertainty
• E) Intolerance for ambiguity

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Definitions:

Journal Entry

A record in accountancy that captures the financial transactions of a company, showing the accounts affected and in which direction (debit or credit).

Convertible Securities

Financial instruments, such as bonds or preferred shares, that can be converted into a company’s common stock.

Diluted EPS

Earnings per share calculated by including all convertible securities, warrants, options, and other financial instruments that could potentially dilute the earnings per share if exercised.

Convertible Preferred Stock

A type of preferred stock that holders can convert into a specified number of common shares, usually after a predetermined date.