George Received Negative Ratings on All Five Performance Dimensions Because

question 19

Multiple Choice

George received negative ratings on all five performance dimensions because he is really quite poor on all dimensions.This is an example of

• A)a halo error.
• B)true halo.
• C)a distributional error.
• D)either halo error or true halo;without more information we can't know which.

---

Definitions:

Expenses

Outflows or other uses of assets or incurrence of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.

Assets

Resources owned or controlled by a business, considered to have economic value and expected to benefit future operations.

Prepaid Rent Expense

Prepaid rent expense is an advance payment for rent that is recorded as an asset on the balance sheet until it is used or consumed in future periods.

Liability

An obligation that a corporation or individual has to another entity, typically financial in nature, such as loans or accounts payable.