An Advantage of the Payback Method Is Its

question 8

Multiple Choice

An advantage of the payback method is its:

• A) Time value of money considerations.
• B) Application of readily available accounting data.
• C) Cut-off point.
• D) Long-term perspective.
• E) Simplicity.

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Definitions:

Reward Dissatisfaction

A state of discontent experienced by employees due to perceived unfair compensation, benefits, or recognition in comparison to their efforts or performance.

Unionized Firm

A company where the workforce is organized into a union, which negotiates with the employer on matters such as wages, hours, and working conditions.

Desired Behaviour

The specific actions or reactions expected from employees that are aligned with organizational goals and values.

Instrumentality

The perceived relationship between performance and the attainment of certain outcomes, key to understanding motivation in expectancy theory.