Rewards That Are Controlled and Distributed Directly by an Organization

question 9

Multiple Choice

Rewards that are controlled and distributed directly by an organization and are of a tangible nature are known as ____.

• A) extrinsic rewards
• B) implicit rewards
• C) closed rewards
• D) open rewards

---

Definitions:

Standard Costing System

A costing method that assigns expected costs to products to assess performance by comparing these costs with the actual costs incurred.

Direct Labour Hours

The total hours worked by employees to manufacture a product, directly involved in the production process and often used to allocate manufacturing overhead.

Standard Costs

Predetermined or estimated costs used to measure the performance of a company by comparing them with actual costs.

Cost Comparisons

The analysis and review of different costs associated with performing various operations or producing different products within a business.