Which of the Following Is True of the McGregor's Theory

question 62

Multiple Choice

Which of the following is true of the McGregor's Theory Y of the human nature of workers?

• A)It reflects the "classical" approach to management.
• B)Under this theory,workers are seen as sets of hired "hands."
• C)Under this theory,managers are not merely seen as "brains" of an organization.
• D)It is based on the assumption that workers prefer to be directed rather than shouldering responsibility.

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Definitions:

Work in Process Inventory

Items that are in the process of being manufactured but are not yet complete.

Labor Rate Variance

The difference between the actual cost of labor and the expected (or standard) cost, often analyzed in cost accounting or budgeting.

Labor Efficiency Variance

The difference between the actual hours worked and the standard hours allowed for the work done, multiplied by the standard labor rate, indicating the efficiency of labor used in production.

Work in Process Inventory

The cost of unfinished goods in production, including labor, raw materials, and overhead.