A desire of an individual to give good performance for self-satisfaction is known as ___________?

Correct answer: A. intrinsic motivation

  • A. intrinsic motivation
  • B. extrinsic motivation
  • C. monetary motivation
  • D. bounded motivation

Explanation

Intrinsic motivation comes from the activity itself, such as the satisfaction of performing well or mastering a task. Extrinsic motivation instead arises from outside rewards such as pay, promotion, or praise.

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About Accounting Principles

Accounting principles explain the rules used to record, classify and report business transactions. Coverage includes the accounting equation, double-entry system, accrual and cash bases, matching and prudence concepts, consistency, going concern, business entity, and the difference between capital and revenue items.

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