Which of the Following Statements Is True Regarding Employee Recognition

question 17

Multiple Choice

Which of the following statements is true regarding employee recognition?

• A) Employee recognition is an extrinsic reward.
• B) Critics argue that employee recognition programs are highly susceptible to political manipulation by management.
• C) Employee recognition programs are expensive.
• D) Nonfinancial incentives such as recognition are more motivating in the short term but in the long run financial incentives are more motivating.
• E) Employee stock option is a more powerful workplace motivator than recognition.

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Definitions:

Deposits In Transit

Funds that have been transferred or deposited by a company but not yet reflected in the bank's records.

Notes Collected

Notes collected refer to the process of receiving payment or settling the amount due on promissory notes that a company holds, impacting its cash flow.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure consistency and accuracy.

Deposit In Transit

Funds that have been received and recorded by a company but not yet reflected in the bank's records.