According to the Entity Concept

question 7

Multiple Choice

According to the entity concept
I.each unit must keep separate records.
II.each unit reports the results of operations separate and apart from owners.
III.every unit is liable for tax on its income.
IV.each unit is classified as one of two basic entity types.
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• A)Statements I and II are correct.
• B)Statements II and III are correct.
• C)Only statement IV is correct.
• D)Statements I, III, and IV are correct.
• E)Statements I, II, and IV are correct.

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Definitions:

Motivating Potential Score

A formula used to evaluate the motivating potential in job design based on five core job characteristics: skill variety, task identity, task significance, autonomy, and feedback.

Job Profile

A detailed description of the responsibilities, required qualifications, and expected performance for a specific job position.

Critical Psychological State

A condition in which an individual's psychological well-being is significantly affected, impacting their emotions, thoughts, and behaviors.

Job Characteristics Model

A theory that proposes that the nature of a person's job or the characteristics of the organization predominantly determines their levels of motivation, satisfaction, and performance at work.