When Andrew Administered the Performance Appraisals for His Employees at California

question 216

True/False

When Andrew administered the performance appraisals for his employees at California Canines,a producer of upscale clothing and accessories for pets,he made certain that he allowed at least one hour for each appraisal.He met with each employee in his quiet office,and gave each an opportunity to prepare a self-improvement program.His goal was to make each appraisal a positive experience for the employee.Andrew carried out the suggestions of experts in performing effective performance appraisals.

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Definitions:

Straight-Line Method

A method of allocating the cost of an asset evenly over its useful life.

Double-Declining-Balance

A method of accelerated depreciation that doubles the straight-line depreciation rate and applies it to the reducing book value each year.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, making the expense predictable.