Which of the Following Is a Defining Characteristic of the 360-Degree

question 26

Multiple Choice

Which of the following is a defining characteristic of the 360-degree feedback performance appraisal method?

• A) It requires that only a supervisor assess his or her subordinates.
• B) It combines assessments from several sources.
• C) It combines the checklist appraisal and the work-standards approach.
• D) It is also known as peer review.

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Definitions:

Factoring Expense

Costs associated with the process of selling accounts receivable to a third party to obtain immediate cash.

Financing Agreement

A legal contract between a borrower and a lender, outlining the terms for borrowing funds, including the interest rate, repayment schedule, and other conditions.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.

Assigning

The process of allocating or designating resources, tasks, responsibilities, or rights to specific entities or persons within the context of business or legal proceedings.