Which of the Following Statements Is True According to McClelland's

question 29

Multiple Choice

Which of the following statements is true according to McClelland's theory of needs?

• A) People with a high achievement need prefer doing tasks that involve a very high level of risk.
• B) People with a high achievement need prefer jobs that have a low degree of personal responsibility.
• C) Best managers tend to have a high need for affiliation.
• D) People with a high achievement need tend to be successful managers, especially in large organizations.
• E) Best managers tend to have a high need for power.

---

Definitions:

US GAAP

United States Generally Accepted Accounting Principles, a common set of accounting principles, standards, and procedures that companies and their accountants must follow when they compile their financial statements.

ASPE

Accounting Standards for Private Enterprises; a set of accounting standards for privately held companies in Canada.

IFRS

IFRS, or International Financial Reporting Standards, are a set of accounting standards developed by the IASB that aim to ensure transparency, accountability, and efficiency in the financial statements of public companies globally.

Liabilities Reporting

The process of disclosing a company's obligations and debts on its financial statements.