Let's Say That We Have a Way to Measure Expectancy

question 193

Multiple Choice

Let's say that we have a way to measure expectancy, incentive value and motivation. Joel wants to learn to play guitar. Incentive value is a 10 and motivation is 100. According to expectancy value theory, Joel's expectancy is

• A)10
• B)20
• C)100
• D)0
• E)1

---

Definitions:

COGS

Stands for Cost of Goods Sold and refers to the direct costs attributable to the production of the goods sold by a company.

Payables Turnover Rate

A liquidity metric that measures how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Accounts Payable Balance

The amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.

Sales

The exchange of goods or services for money, representing the primary revenue source for most businesses.