Roland Thinks That Opening Twenty New Accounts Will Significantly Add

question 74

Multiple Choice

Roland thinks that opening twenty new accounts will significantly add to his annual bonus.This perception is Roland's:

• A)Expectancy
• B)Valence for performance.
• C)Instrumentality.
• D)Role accuracy.

Understand the relevance of accounting knowledge to professionals across various fields.

Recognize the wide range of users of accounting information.

Understand the principles underlying the recording of economic events in financial accounting.

Comprehend the fundamental assumptions guiding financial reporting.

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Definitions:

Cognitive Development

refers to the processes by which thinking evolves, including acquiring, processing, and storing knowledge and information.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, typically developed in infancy.

Conservation

The principle that certain properties, like volume, mass, and number, remain the same despite changes in the forms of objects, in cognitive development.

Centration

In Piaget’s theory, the tendency of a young child to focus only on one feature of an object while ignoring other relevant features.