In the Context of Performance-Appraisal Methods, One of the Major

question 38

Multiple Choice

In the context of performance-appraisal methods, one of the major criticisms that had been leveled against graphic rating scales is that they were especially prone to a series of _____.

• A) contrast errors
• B) halo errors
• C) distributional errors
• D) horns errors

---

Definitions:

Maturity

Maturity refers to the date on which the principal or face value of a financial instrument, such as a bond or loan, becomes due and payable.

Debenture

A type of debt instrument not secured by physical assets or collateral but based on the creditworthiness and reputation of the issuer.

Collateralized

Secured by an asset or property as a guarantee for the repayment of a loan.

Sinking Fund

A reserved fund into which an organization sets aside money over time, to repay debt or replace a significant asset in the future.