​The Performance Scores of Each of the Employees of a Company

question 55

Multiple Choice

​The performance scores of each of the employees of a company are compared against a standard score and employees with scores lesser than a particular score are penalized. The company used a(n) _____ method of comparison.

• A)​redundant
• B)​relative
• C)​contingent
• D)​​absolute
• E)​analogous

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Definitions:

Purchase Amount

The total price paid for goods or services, including taxes and any additional charges.

Financial Statement

A Financial Statement is a formal record of the financial activities and position of a business, person, or other entity, including income statements, balance sheets, and statements of cash flows.

Normal Balance

The usual balance of an account in the accounting system, where asset and expense accounts typically have a debit balance, and liability, equity, and revenue accounts have a credit balance.

Discount Period

The timeframe within which a buyer can take advantage of a discount for paying an invoice early.