The Term 'Bill Line' Refers To

question 27

Multiple Choice

The term 'bill line' refers to:

• A) a type of small business loan in which the borrower can draw down every 90 days.
• B) a new commercial bill product that a bank might introduce.
• C) corporate loans in large denominations.
• D) where the surety on a security consists of a parcel of bills.

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Definitions:

Contrast Error

Occurs when we compare people against one another instead of against an objective standard.

Nonrelevancy Error

An error made during the employee appraisal process where information irrelevant to job performance influences the evaluation.

First-impression Error

is a bias in evaluation or judgment where early information or initial impressions unduly influence someone's perception of another person or situation.

On-the-job Training

A method of professional development where employees acquire skills and knowledge during the course of their regular work activities, often under the guidance of experienced colleagues.