The Theory Based on the Concept That Individuals Compare Their

question 33

Multiple Choice

The theory based on the concept that individuals compare their inputs and outcomes with their coworkers to determine if they are being treated fairly is the ________.

• A)expectancy theory
• B)ERG theory
• C)equity theory of motivation
• D)Porter-Lawler theory of motivation
• E)acquired needs theory

---

Definitions:

Unfavorable

A term used to describe a variance or difference that negatively impacts financial performance.

Labor Rate Variance

The difference between the expected cost of labor at standard rates and the actual cost of labor incurred.

Raw Materials Quantity Variance

The difference between the expected amount of raw materials required for production and the actual amount used, evaluated in terms of cost.

Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, based on the standard hours worked and standard labor rate.