The Idea of a Psychological Contract Between an Individual and an Organisation

question 96

Multiple Choice

The idea of a psychological contract between an individual and an organisation suggests that the individual makes __________ in exchange for __________.

• A) makes sacrifices; money
• B) offers inputs; outputs
• C) makes contributions; inducements
• D) provides performance; satisfaction
• E) makes commitments; power

---

Definitions:

Fringe Benefits

Benefits provided to employees in addition to wages and salaries.

Recognized

In accounting, refers to the formal acknowledgment of a financial transaction or position within financial statements.

Social Security Taxes

Taxes collected from employees and employers to fund the Social Security program, providing benefits for retirees, disabled individuals, and survivors.

Federal Unemployment Taxes

Taxes imposed on employers based on employee wages to fund unemployment compensation to workers who have lost their jobs.