A Budget Performance Report That Includes Variances Can Have Variances

question 166

True/False

A budget performance report that includes variances can have variances caused by both price differences and quantity differences.

---

Definitions:

Content Theories

Theories that focus on understanding the specific factors that motivate people, such as needs, desires, and goals.

Process Theories

Encompass theories that describe how various psychological and behavioral processes influence motivational levels and patterns of human behavior.

Motivation

The internal drive or external stimuli that spur individuals to action toward achieving a goal.

Equity Theory

A theory of motivation that people are motivated to maintain a balance between their inputs and outputs comparable to others in similar situations.