__________Is a Performance Rating Method That Is Based on Meeting

question 26

Multiple Choice

__________is a performance rating method that is based on meeting objectives set at the beginning of the performance review period.

• A)Behaviour rating scales
• B)Paired comparison performance objectives
• C)Adjective rating scales
• D)Management by objectives
• E)Behaviourally anchored objectives

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Definitions:

Income Summary

An account used in the closing process that summarizes revenues and expenses for a period before transferring the balance to retained earnings.

Revenue Account

An account that tracks the income earned by a company from its normal business operations, excluding expenses.

Debit

The left side of an account.

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account, represented on the right side of the ledger.