The Goal-Setting Theory

question 61

Multiple Choice

The goal-setting theory

• A)states that to stimulate high motivation and performance, goals must be generic.
• B)suggests that underpayment inequity motivates employees to achieve organizational goals.
• C)considers how managers can align the input of employees with organizational goals.
• D)examines the different types of rewards and punishments that can be used to reinforce goal-oriented behavior.
• E)suggests that people are most motivated to achieve organizational goals when they have low levels of job satisfaction.

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Definitions:

Operating Cycle

The average time period between purchasing or acquiring inventory and receiving cash from the sale of goods or services.

Balance Date

The specific date at which the financial position of a company is measured and reported, usually marking the end of the fiscal or reporting period.

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners as owners, including both net income and other comprehensive income.

AASB 101

An accounting standard issued by the Australian Accounting Standards Board that outlines the presentation of financial statements, ensuring relevance, reliability, comparability, and understandability.