Motivation Refers to

question 28

Multiple Choice

Motivation refers to

• A)having the skills and knowledge required to perform the job.
• B)a function of performance,ability and environment.
• C)the intention of achieving a goal,leading to goal-directed behavior.
• D)the only key to high performance.

Understand how to calculate and interpret activity variances for different types of expenses.

Understand the influence of changes in activity level on fixed and variable expenses.

Understand the impact of activity variances on net operating income.

Learn how different types of businesses measure activity (e.g., by wells serviced, client-visits, units produced, tenant-days).

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Definitions:

Management Accounting

The practice of analyzing and presenting financial information to internal management to assist in planning, controlling, and decision-making.

Salary Cost

The total expense borne by an employer for employee wages, benefits, and other compensation.

Computer Operating Costs

Expenses associated with running and maintaining computer systems, including software, hardware, and personnel costs.

Business Strategy Decision

High-level choices that define the direction of an organization, determining which products or services to offer and how to compete effectively in the market.