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:

Conversion Costs

The combined costs of direct labor and manufacturing overhead that are incurred to convert raw materials into finished goods.

Materials Costs

Expenses associated with the raw materials used in the manufacture of products.

Assembly Department

A specialized section within a manufacturing facility where components are assembled into final products.

Step-Down Method

A cost allocation method used in accounting to allocate overhead costs to various cost objects, starting with the department incurring the highest costs.