Primary Motivated Behavior Is Behavior That Is Based on Changes

question 26

True/False

Primary motivated behavior is behavior that is based on changes or anticipated changes in the internal environment.

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Definitions:

Inventories

The raw materials, work-in-process products, and finished goods considered part of a business's assets that are ready or will be ready for sale.

Taxes Payable

Liabilities owed to various governmental entities within the current fiscal period.

Bonds Outstanding

The total amount of bonds that are issued by a corporation or government entity and are currently in the hands of investors.

Leverage Ratio

A financial measurement that compares the amount of a company's debt to its assets, equity, or earnings.