According to the expectancy theory, the employee is likely to see the "effort-performance" relationship as weak and demotivating.
<h3>What is expectancy theory?</h3>
According to expectancy theory, people are more motivated to work hard if they believe their efforts will be noticed and rewarded.
The importance of expectancy theory are-
- When applied correctly, expectation theory can aid managers in understanding why people choose between various behavioural options.
- Managers should implement mechanisms that closely link rewards to performance to improve the relationship between effort and results.
- It is based on an individual's self-interest, who desires to maximize enjoyment and reduce dissatisfaction.
- This philosophy places a strong emphasis on perception and expectations, saying that reality is irrelevant. It places a focus on benefits or payoffs.
According to the Expectancy Value Theory (Vroom, 1964), two things affect why a person chooses to engage in a particular activity or action:
- Expectancy is the likelihood that a desired (instrumental) outcome will be attained as a result of the behaviour or activity.
- Value is the degree to which the individual appreciates the intended outcome.
To know more about the Expectancy Value Theory, here
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Answer:
$42,700 cash is available for distribution
Explanation:
In order to calculate the cash available for sharing, we will first identify the debit and credit transactions. Debit transactions are expenditures, while credit transactions are incomes, hence we need to calculate the difference between the income and the expenditure.
Available cash = Everett (credit) - Miguel (debit) + Ramona (credit)
Available cash = 52,800 - 47,500 + 37,400 = $42,700
Therefore $42,700 is available in cash for distribution to the partners
Answer:
The correct answer is $473 (Unfavorable).
Explanation:
According to the scenario, the given data are as follows:
Actual overhead = $11,183
Budgeted Overhead = $10,710
So, we can calculate the controllable variance by using following formula:
Controllable variance = Actual overhead - Budgeted overhead
By putting the value, we get
Controllable variance = $11,183 - $10,710
= $473 ( Positive shows unfavorable)
= $473 (unfavorable)
Answer:
C. Your client can’t create an Adjusting Journal Entry.
Explanation:
In QuickBooks Online Accountant you (the accountant) make the adjusting journal entries, not your clients. It is like saying that you operate yourself while your doctor drinks coffee besides your bed.
the other options are wrong:
A. A Journal Entry cannot be used to account for depreciation of an asset. ⇒ FALSE, QuickBooks doesn't automatically depreciate an asset, the user must do this through journal entries.
B. The Accountant user can’t create an Adjusting Journal Entry in QuickBooks Online. ⇒ FALSE, when using QuickBooks Online Accountant you can create adjusting entries just like any other regular entry.
