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Expectancy Theory Recognizes That Different Individuals Value Different Rewards and Therefore

question 119

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Expectancy theory recognizes that different individuals value different rewards and therefore exert effort in relation to the value of the perceived rewards.


Definitions:

Relevant Cost

A relevant cost is a cost that will be affected by a decision in the future and is important in business decision-making processes.

Depreciation Charge

An accounting expense recorded to allocate the cost of a tangible asset over its useful life.

Book Value

The value of an asset according to its balance sheet account balance, often different from its market value.

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