Regarding Incentives, Which of the Following Statements Is FALSE

question 145

Multiple Choice

Regarding incentives, which of the following statements is FALSE?

• A)Our actions are energized by a mixture of internal needs and external incentives.
• B)Incentive value cannot be used to explain the drives for success, status, and approval.
• C)Some goals are so desirable that they can motivate behavior in the absence of an internal need.
• D)Some goals are so low in incentive value that they may be rejected even if they could meet the internal need.

---

Definitions:

Adjustment

A process of making entries to account records to correct or update the financial information.

Certificates of Deposit

These are time-bound savings certificates offered by banks with a fixed maturity date and specified fixed interest rate.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and equity at a specific point in time.

Cash and Cash Equivalents

Liquid assets that can be quickly turned into exact amounts of cash with very little chance of value variation over the short term.