MATCHING KEY TERMS AND DEFINITIONS

question 39

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-Evaluating an employee's performance by comparing the employee with other employees.

• A)Absolute standards
• B)Relative standards
• C)Individual ranking
• D)360-degree appraisals
• E)Peer evaluation
• F)Performance measurement
• G)Halo error
• H)Graphic rating scale
• I)Leniency error
• J)Documentation
• K)Paired comparison
• L)Similarity error
• M)Attribution theory
• N)Management by objectives (MBO)
• O)Forced-choice appraisal

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Definitions:

Capital Balance

Represents the amount of money that the owners of a business have invested in it or the net worth of the business.

Operations

Refers to the day-to-day activities necessary for running a business and generating value.

Partnership Interest

The share or portion of a partnership that is owned by one of the partners, representing the partner's stake in the partnership's assets, liabilities, and operations.