Which Performance Appraisal Tool Requires Supervisors to Categorize Employees from Best

question 35

Multiple Choice

Which performance appraisal tool requires supervisors to categorize employees from best to worst on various traits?

• A)graphic rating scale
• B)critical incident method
• C)alternation ranking method
• D)electronic performance monitoring

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Definitions:

Standard Costs

Predetermined costs for materials, labor, and overhead used to control actual operating costs and to measure cost variances.

Direct Labor Time Variance

The difference between the actual time spent on production and the standard time expected, multiplied by the direct labor rate.

Actual Costs

The real costs incurred in the production, acquisition, or other activities of a business, as opposed to estimated or budgeted costs.

Standard Costs

An accounting practice where predetermined costs are used for calculating the cost of production, often for budgeting and performance evaluation purposes.