Ty, the HR Manager at Elrod Engines, Is Preparing a Newly

question 82

Multiple Choice

Ty, the HR manager at Elrod Engines, is preparing a newly promoted employee for her role as a supervisor. In his experience, he will need to address the new supervisor's nervousness about conducting performance appraisals. What is the most likely cause of this nervousness?

• A) Performance feedback must be aligned with the company's strategy.
• B) A performance evaluation can help supervisors decide how to develop employees' skills.
• C) Effective performance feedback makes employees aware of their strengths and weaknesses.
• D) Performance management supports administrative decisions that have a great impact on employees.
• E) Performance management starts with defining what the organization expects from employees.

Apply accounting principles to analyze financial statements.

Understand the fundamentals of accrual-basis accounting and its importance in reporting financial activity accurately.

Understand the difference between accrual-basis and cash-basis accounting and why GAAP prefers accrual-basis.

Comprehend the purpose of adjusting entries and their role in the accounting cycle.