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