A Performance Appraisal Technique in Which Employees Are Assessed on Their

question 4

Multiple Choice

A performance appraisal technique in which employees are assessed on their performance in a "fake" setting (which tries to duplicate a real situation) is known as which of the following?

• A) job knowledge test
• B) 360-degree feedback test
• C) simulation
• D) multi-source assessment

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Definitions:

External Reporting

The process of preparing and presenting financial and other information to parties outside the organization.

Tax Reporting

The process of preparing and submitting financial information to the relevant tax authority, detailing earnings, expenses, and taxes owed.

Costing

The process of determining the cost associated with a product or service.

Absorption Costing

A strategy for calculating the cost of a product by encompassing all associated manufacturing costs, covering direct materials, direct labor, and overheads, both variable and fixed.