When Does the Appraisal Process Begin

question 107

Multiple Choice

When does the appraisal process begin?

• A) When the manager defines performance standards for an employee
• B) After the manager observes the employee's performance
• C) As soon as the employee begins working
• D) When the employee leaves an organization
• E) As soon as the employee requests direction

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Definitions:

Market Value

The existing price point for the acquisition or disposal of a service or asset in the marketplace.

Assets

Economic resources owned by a business or individual that are expected to bring future benefits or value.

Cost Method

An accounting method used to value inventory or investments, based on the historical cost paid for the asset.

Voting Stock

Voting stock refers to shares that give the shareholder the right to vote on company matters, such as electing the board of directors.