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Although Chad, an accountant at a supply chain management company, worked overtime this week, he readily agreed to his supervisor's request to work for five more hours during the weekend. This is because Chad likes to cooperate with his superiors. In the context of McClelland's Learned Needs Theory, Chad is most likely motivated by the need for _____.
Discretionary Fixed Costs
Discretionary fixed costs are fixed expenses that can be adjusted or eliminated without directly impacting the short-term productivity of the business, such as advertising or research and development costs.
High-Low Method
An accounting technique used to estimate the variable and fixed components of a company's costs, based on the highest and lowest levels of activity.
Generally Accepted Accounting Principles
A collection of commonly-followed accounting rules and standards for financial reporting.
Non-Manufacturing Costs
Expenses that are not directly related to the production of goods, including selling, general, and administrative expenses.
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