Regarding equity theory, which statement is not true?

People change their behaviors or attitudes in order to reduce the dissonance $($tension$)$ that results from perceived inequity

People may distort their perceptions of their inputs or outcomes, or the inputs or outcomes of others, in order to reduce

their sense of inequity

In forming equity perceptions, people compare the ratio of their outcomes to inputs with those of others

Monetary rewards are the only outcomes that influence perceptions of equity