After struggling with the training, Sachin is unsure whether he can complete the end-of-year financial reporting with minimal errors in the time allotted at his new job. In this case, Sachin is low on the ______ element of expectancy theory.
A. valence
B. expectancy
C. outcomes
D. instrumentality
E. performance
B. expectancy
Expectancy is the belief that a particular level of effort will lead to a particular level of performance. You are asking yourself, "Will I be able to perform at the desired level on a task?"
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In considering interim financial reporting, how does FASB ASC Topic 270 conclude that such reporting should be viewed?
a. As reporting for a basic accounting period b. As reporting for an integral part of an annual period c. As a "special" type of reporting that need not follow generally accepted accounting principles d. As useful only if activity is evenly spread throughout the year so that estimates are unnecessary
The main objective of a not-for-profit business is not to make a profit
Indicate whether the statement is true or false
Decision making and problem solving are interrelated
Indicate whether the statement is true or false
Compare and contrast an integrity-based ethics program and a compliance-based ethics program.
What will be an ideal response?