For Each of the Following, Identify in Column 1 the Category

question 52

Essay

For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement(s) on which the account balance is reported, and in Column 4 the account's nature (permanent/temporary).
-

Clarify the role of government in investment in different economic systems.

Distinguish between the concepts of marginal propensity to consume (MPC) and marginal propensity to save (MPS).

Understand the accounting and journal entry process for purchasing equity and debt investments.

Analyze the effects of dividends received and interest accrued on investments for financial reporting.

---

Definitions:

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity, typically conducted by their supervisor or manager, to inform decisions about promotions, raises, and training.

Forced Distribution Method

A performance evaluation method that assigns a certain percentage of employees to predetermined categories, such as high, average, or low performers, often resulting in a bell curve distribution.

Performance Appraisal

The method of assessing a worker's performance and output in comparison to predefined standards and the goals of the organization.

Job Enlargement

Job enlargement increases task variety by combining into one job two or more tasks that were previously assigned to separate workers.