When Making Decisions, a General Rule Would Be

question 38

Multiple Choice

When making decisions, a general rule would be:

• A)Fixed costs are always relevant.
• B)Variable (unit-level) costs are always irrelevant.
• C)Future costs and revenues are always relevant.
• D)Future costs and revenues which differ are always relevant.

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Definitions:

Motivation Theories

Frameworks and concepts that seek to understand what drives individuals to initiate, direct, and sustain behaviors and actions to achieve personal or organizational goals.

Written Reprimand

A formal written notice to an employee indicating a violation of policies or standards and typically documenting disciplinary action.

Negative Reinforcement

A psychological concept where the likelihood of a behavior increases because an unpleasant stimulus is removed or avoided following the behavior.

Punishment

A method of correcting or disciplining an individual through the imposition of unpleasant or adverse consequences for undesired behavior.