The Worst Type of Merit Rating Forms

question 72

Multiple Choice

The worst type of merit rating forms:

• A) Are superior to all other subjective performance appraisal methods
• B) Burden managers by requiring written justification for each rating
• C) Are overly concerned with behaviors and not with actual performance
• D) Simply list attributes of interest along one side of the form and evaluation adjectives along the other
• E) Require mangers to assess such hard-to-measure attributes as job knowledge and customer relations

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Definitions:

Retained Earnings

Profits that a company has reinvested into the business rather than distributing to shareholders as dividends.

Financial Treatment

The method or approach used in accounting to manage and report the financial aspects and transactions of a business.

Ownership

The right to possess property, whether tangible or intangible, and exercise control over it.

Valuation Allowance

A reserve created against the deferred tax asset due to uncertainty concerning its realization.