In Expectancy Theory,valence Refers to The

question 180

Multiple Choice

In expectancy theory,valence refers to the:

• A)amount of effort a person puts towards a known goal.
• B)individual's perceived probability of performing the task at a particular level.
• C)anticipated satisfaction or dissatisfaction that an individual feels towards an outcome.
• D)individual's perceived probability that his or her performance will lead to specific outcomes.
• E)feelings that result from a comparison of the individual's outcome/input ratio with the outcome/input ratio of a comparison other.

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Definitions:

Interest Cost

The cost incurred by an entity for borrowing funds, typically reflected as an expense in the income statement.

Pension Expense

The annual cost recognized by an employer for maintaining a retirement plan for its employees.

Actuarial Assumptions

Estimates used to calculate the present and future financial obligations of pension plans and insurance policies, often involving life expectancy and interest rates.

Present Values

The current value of a future amount of money or stream of cash flows, discounted at a particular rate of interest.