A Problem Often Associated with Personnel Measures and Objective Measures

question 52

Multiple Choice

A problem often associated with personnel measures and objective measures is that

• A)a worker's behavior may be influenced by factors outside the worker's control.
• B)both types of measurement rely too much on qualitative data.
• C)too much emphasis is placed upon the judgment of the evaluator.
• D)a worker may not be aware he/she is being evaluated,and may continue to perform the job as he/she normally would.

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Definitions:

Current Asset Management

The practice of managing a company's short-term assets and liabilities to ensure it has sufficient liquidity to run its operations efficiently.

Pro Forma Cash Budgets

Projected budgets that estimate the inflow and outflow of cash to a business over a specified period, used for planning purposes.

Accounting Statements

Financial documents that provide an overview of a company's financial performance and position at a given point in time.

Accounts Receivable Period

The average number of days it takes for a company to collect payments from its customers after a sale has been made, a key component in managing cash flow.