Performance Appraisals

question 25

Multiple Choice

Performance appraisals:

• A)should cite specific instances of good or bad performance
• B)should never contain language strongly criticizing an employee's performance
• C)should consist primarily of numerical ratings because these are more objective
• D)all of the above
• E)none of the above

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Definitions:

Rate Of Return

The accrual or diminishment of value in an investment over a specific epoch, visualized as a percentage of the investment’s inaugural cost.

Savings Account

A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.

Annually

A term describing an event or calculation made once every year.

Discount Rate

The interest percentage utilized in calculating today's value of future cashflows.