Which of the Following Is Not One of the Three

question 58

Multiple Choice

Which of the following is not one of the three variables that are central to Vroom's expectancy theory?

• A)effort- performance
• B)effort- reward
• C)performance- reward
• D)attractiveness

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Definitions:

Manufacturing Cost Variance

The difference between the actual manufacturing costs and the standard or budgeted costs.

Actual Costs

The realized expenses incurred during the production or acquisition of goods and services.

Standard Costs

Predetermined costs for materials, labor, and overhead used as a benchmark to assess the performance of actual costs.

Direct Labor Time Variance

The difference between the estimated time to complete a job and the actual time taken, impacting manufacturing costs.