Which of the Following Statements Is True Regarding Employee Recognition

question 62

Multiple Choice

Which of the following statements is true regarding employee recognition?

• A) Employee recognition is an extrinsic reward.
• B) Critics argue that employee recognition programs are highly susceptible to political manipulation by management.
• C) Employee recognition programs are expensive.
• D) Centralized programs across multiple offices in different countries can hinder the process of employee recognition programs.
• E) Employee stock option is a more powerful workplace motivator than recognition.

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Definitions:

Accrual Basis

An accounting method that records income and expenses when they are earned or incurred, regardless of when cash transactions happen.

Plan Assets

Plan assets refer to the pool of assets that are held by a pension fund or other employee benefit plan to fund the benefits owed to participants.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Expected Long-Term Rate

An estimate of the rate of return or interest rate over a long-term investment or obligation.