The equity theory states that people are motivated
A. only by their achievements.
B. by receiving pay equal to that of all other employees.
C. by the satisfaction of doing their jobs well.
D. by receiving promotions.
E. by receiving a reward commensurate with their performance.
Answer: E
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Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Well ServicedRevenue $4,000Employee salaries and wages$43,800 $1,000Servicing materials $600Other expenses$38,200 ?A total of 42 wells were actually serviced during October.?The revenue in the company's flexible budget for October would have been closest to:
A. $168,000 B. $170,400 C. $148,000 D. $150,114
According to the social science approach, human behavior should be studied in specific, narrow pieces. The intent is that the entire picture will eventually be made clear. This viewpoint is labeled ______.
A. pragmatism B. determinism C. holism D. particularism
The entry to record the sale of equipment costing $40,000, with accumulated depreciation of $34,000 and sale price of $8,800, is:
a. Cash 8,800 Accumulated Depreciation— Equipment 34,000 Equipment 40,000 Gain on Sale of Equipment 2,800 b. Accumulated Depreciation— Equipment 34,000 Equipment 25,200 Gain on Sale of Equipment 8,800 c. Accumulated Depreciation— Equipment 8,800 Loss on Sale of Equipment 31,200 Equipment 40,000 d. Accumulated Depreciation— Equipment 14,800 Loss on Sale of Equipment 25,200 Equipment 40,000
______ has now become both an evaluation mechanism of OD effectiveness and an intervention in itself.
a. Organizational engagement b. Change management c. Organizational learning d. Employee engagement