The Textbook Describes a Study by McClelland (1958)in Which the Need-For-Achievement

question 15

Multiple Choice

The textbook describes a study by McClelland (1958) in which the need-for-achievement test was administered to a group of children and then the children were observed while they played a ring-toss game.The purpose of this study was to establish _______ validity for the test.

• A)face
• B)concurrent
• C)predictive
• D)convergent

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Definitions:

Zero-based Budgeting

A budgeting method where all expenses must be justified for each new period, starting from a "zero base," without assuming that past budget allocations remain valid.

Budgeting System

A systematic approach to creating a financial plan that forecasts income and expenditures over a certain period.

Budget Acceptance

The process or act of formally approving a financial plan for revenues and expenses over a specific period.

Corporate Level

Pertains to major strategic decisions affecting the whole company, typically made by top-level management.