What Is the Term for the Extent to Which a Person's

question 97

Multiple Choice

What is the term for the extent to which a person's contributions and the organization's inducements match?

• A) employee equity
• B) person-job fit
• C) psychological contract
• D) time-motion study
• E) team culture

Recognize ethical guidelines for decision-making within corporations.

Understand the importance of ethics codes like the Sarbanes-Oxley Act for financial officers.

Learn about resisting unethical requests in professional settings.

Analyze the effects of logical fallacies like the sunk cost fallacy on business decisions.

---

Definitions:

Retail Inventory Method

A method of estimating inventory cost that is based on the relationship of cost to retail price.

Cost To Retail Ratio

Cost To Retail Ratio is a method used to estimate the inventory value by comparing the cost of goods available for sale to the retail price of the goods.

Goods Sold

Refers to merchandise or products that have been sold by a business.

Earliest Costs

Refers to the initial expenses or purchase prices of inventory items, typically considered for cost calculation in accounting methods like LIFO (Last-In, First-Out).