What Usually Occurs When Employees Rate Themselves for Performance Appraisals

question 28

Multiple Choice

What usually occurs when employees rate themselves for performance appraisals?

• A)Ratings are reliable but invalid.
• B)Ratings are subject to halo effects.
• C)Ratings are higher than when provided by supervisors.
• D)Ratings are about the same as when determined by peers.

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Definitions:

Interest Rate Forward Contracts

Financial derivatives that lock in the future interest rate to be paid or received on a certain principal amount.

Financial Distress Costs

Expenses or losses incurred by a company when it is struggling to meet its financial obligations.

Capital Markets

Financial markets where long-term debt or equity-backed securities are bought and sold, aiding in the raising of capital.

Derivatives

Financial contracts whose value is based on the performance of an underlying asset, index, or interest rate, used for hedging risks or speculating.