What Is the Primary Purpose of Performance Reviews

question 12

Multiple Choice

What is the primary purpose of performance reviews?

• A)to make employees fully aware of their current performance
• B)to clarify what is important to the organization
• C)to link performance and compensation
• D)to improve future performance

---

Definitions:

CCA Class

In tax policy, refers to a category used in Capital Cost Allowance determinations to group assets with similar useful lives for depreciation purposes.

Future Market Values

Estimations or predictions about the worth or price of investments or assets at a future point in time, based on expected market trends and conditions.

Leasing

A process by which one party, the lessor, grants another party, the lessee, the right to use an asset for a specified period of time in exchange for periodic payments.

Assets

Economic resources owned by an individual or business, capable of being converted into cash or used to generate revenue.