Every Year Managers Are Given Targets for Categorizing Their Employees

question 15

Multiple Choice

Every year managers are given targets for categorizing their employees' performance at the end of the year.The managers are allowed 5 percent at the top,80 percent in the middle and then 15 percent at the bottom.This company is using

• A)forced distribution.
• B)the high/low ranking system.
• C)paired comparison.
• D)alternation ranking.
• E)simple ranking.

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Definitions:

Long-Term Investments

Assets purchased by a company intended to be held for more than one year for the purpose of earning a return.

Special Purpose

An activity or function created for a particular objective or for a specific job.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the business's operating cycle, whichever is longer.

Held-To-Maturity

A classification for investments in fixed-income securities that an investor intends and is able to hold until maturity, recognizing unrealized gains or losses in the financial statements.