Why Are Flexible Benefit Plans Consistent with Expectancy Theory's Thesis

question 97

Multiple Choice

Why are flexible benefit plans consistent with expectancy theory's thesis?

• A) They allow organizations to minimize costs associated with benefits.
• B) They provide a suite of tangible rewards that can be offered as motivation.
• C) Organizational rewards should be linked to each individual employee's goals.
• D) They make employment at firms providing such programs more attractive.
• E) The motivation to gain extra benefits promotes productivity.

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Definitions:

Remittance Advices

Remittance advices are documents sent by customers to businesses indicating that an invoice has been paid, often including details of the payment.

Mail Receipts

Incoming payments or documents received through postal services, often associated with business transactions or official correspondences.

Documentation Procedures

The formal processes used for recording and maintaining evidence of transactions and activities, essential for audit and control purposes.

Independent Internal Verification

The process of having internal procedures reviewed by parties within the organization who are independent of the process being evaluated.