Which Statement Is True

question 22

Multiple Choice

Which statement is true?

• A)M1 is larger than M2.
• B)M1 + M2 = M3.
• C)M2 + large denomination time deposits = M3.
• D)M1 times M2 = M3.

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Definitions:

Extrinsic Rewards

Tangible rewards given to employees for performing specific tasks or reaching objectives, including money, gifts, or other physical rewards.

Intrinsic Rewards

Refers to non-material rewards such as personal achievement, professional growth, sense of pleasure and accomplishment.

Compensation Strategy

A plan established by an organization to attract, retain, and motivate employees through monetary and non-monetary rewards.

Effective Compensation

A pay and benefits package designed to attract, retain, and motivate employees.