Assumptions of Theory Y Include

question 16

Multiple Choice

Assumptions of Theory Y include:

• A) Most people must be threatened with punishment to get them to put forth effort.
• B) The average human being prefers to be directed.
• C) A person exercises self-direction in the service of objectives to which he or she is committed.
• D) The average human being will avoid work if possible.

Comprehend the role of the client during the project closeout phase.

Understand how detailed schedules and budgets are developed during the planning phase.

Describe the importance of creating stakeholder alignment throughout the project.

Identify the concept of span of control within project management.

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Definitions:

Variable Costing

An accounting method that includes only variable production costs (direct labor, direct materials, and variable overhead) in product costs, excluding fixed overhead costs.

Absorption Costing

A ledger keeping approach in accounting that wraps all costs connected to manufacturing—expenses for direct materials, wages for direct labor, and all types of manufacturing overhead, fixed and adjustable—into a product's total cost.

Contribution Format

An income statement format that separates fixed costs from variable costs to highlight the contribution margin.

Variable Costing

An accounting method that includes only variable production costs in product costs and treats fixed production costs as period costs.