Variable Costs Are Always Relevant Costs

question 113

True/False

Variable costs are always relevant costs.

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Definitions:

Motivator Factor

Elements of a job that can lead to job satisfaction, according to Herzberg's two-factor theory, such as recognition, achievement, and personal growth.

Two-factor Theory

A theory in psychology proposed by Herzberg that identifies factors affecting workplace motivation, distinguishing between 'hygiene' factors and 'motivators'.

Job Context

Refers to the conditions, environment, and aspects under which a job is performed, including physical and social factors.

Equity Theory

A theory that focuses on how individuals perceive fairness in the distribution of resources and rewards within relationships, influencing their motivation and satisfaction.