Every Time Devon Exceeds His Sales Target for His Month,the

question 59

Multiple Choice

Every time Devon exceeds his sales target for his month,the sales manager rewards him with a bonus of 20 percent.Devon says that his desire to perform better has improved because of the reward system set by his sales manager.This reward system is an example of

• A)self-efficacy.
• B)autonomy.
• C)extrinsic motivation.
• D)delayed gratification.

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Definitions:

General Ledger

A comprehensive record of all financial transactions that occur within a company, serving as the primary data source for the financial statements.

Financial Statements

Structured reports that detail the financial activities and conditions of a business, including balance sheet, income statement, and cash flow statement.

Balance Sheet Accounts

Accounts displayed on the balance sheet that represent the company's assets, liabilities, and ownership equity at a specific point in time.

Posting

The process of transferring journal entries to the ledger accounts in accounting.