Which of the Following Statements Is True Regarding Expectancy Theory

question 36

Multiple Choice

Which of the following statements is true regarding expectancy theory?

• A)Expectancy 2 is the likelihood you will receive certain outcomes if you reach acceptable performance.
• B)The values given for outcomes are represented by a value called expectancy 2.
• C)Expectancy 1 is represented on a scale from 1 to 10 with 1 being the minimum.
• D)Expectancy 2 is fixed in a person's mind and is extremely difficult to change.

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Definitions:

Purchase Orders

Official documents issued by a buyer committing to pay the seller for the supply of specific products or services at agreed prices and terms.

Expenditures

Funds spent by a business in the pursuit of profit and other business activities, including operating and capital expenses.

Private Purpose Trust Fund

A fund typically used by governmental entities to report all other trust arrangements under which principal and income benefit individuals, private organizations, or other governments.

Fiduciary Fund

A fund used to account for assets held by a government in a trustee or agency capacity for individuals, private organizations, or other governments.