Dan Has Two Children in College and Another One Graduating

question 152

Multiple Choice

Dan has two children in college and another one graduating from high school next year.His financial responsibility is considerable.He is worried that he might be laid off from his current job,since a new CEO known for downsizing recently joined the company.Dan finds out about an opening in his field at a growing organization that is known for retaining and developing employees,including extensive employee training programs as well as a policy of hiring and promotion from within.Dan tailors his resume to the requirements of the job,and drops it off in person at the human resource office.Which of the following core phases in the motivation process is not represented in this example?

• A) employee selects goal directed behaviors
• B) employee searches for ways to satisfy these needs
• C) employee receives either rewards or punishments
• D) employee identifies needs

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Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted or planned amount in a given period.

Planning Budget

A budget prepared for a specific level of activity, used for planning and controlling costs and resources in advance.

Travel Expenses

Costs incurred by an employee or a business when travelling for business purposes, which can include accommodations, meals, transportation, and other expenses.

Spending Variance

The difference between the actual amount spent and the budgeted or expected amount, used in budgeting and financial planning.