Acquired Needs Theory States That People with a High Need

question 115

Multiple Choice

Acquired needs theory states that people with a high need for achievement:

• A) seek satisfying interpersonal relationships.
• B) prefer collective responsibility for results.
• C) tend to like jobs that involve working with people.
• D) take moderate risks in competitive situations.
• E) behave in ways that have a clear impact on other people.

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Definitions:

Dividend Payable

A liability recorded on a company's balance sheet representing the amount of dividends declared by the board of directors but not yet paid to shareholders.

Cum Div. Basis

A term indicating that a stock is trading with the right to receive the most recently declared dividend, as opposed to "ex-dividend" where the right is not included in the purchase.

Pre-acquisition Entry

A journal entry made to record the financial impacts of acquiring company interest or assets before full acquisition or control is obtained.

Declared Dividend

A payment authorized by a company’s board of directors to be distributed among shareholders out of the company’s earnings.