Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple  choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet.
Each question is worth 2 marks.

 Which of the following statements are correct?
(1) Share option schemes always reward good performance by managers
(2) Performance-related pay can encourage dysfunctional behaviour
(3) Value for money as an objective in not-for-profit organisations requires the pursuit of economy, efficiency and
effectiveness 
A 1 and 2 only
B 1 and 3 only
C 2 and 3 only
D 1, 2 and 3

Answer:

C

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