What Does a Peer-Review Board Consist Of

question 45

Multiple Choice

What does a peer-review board consist of?

• A) managers, subordinates, and a number of unbiased third-party participants who do not work for the employer
• B) an equal number of supervisors and nonsupervisory
• C) managers above the level of the supervisor whose decision is being appealed
• D) employees at the same level as the appealing employee

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Definitions:

Double-Declining Balance

An accelerated method of depreciation that doubles the rate at which an asset’s book value declines compared to straight-line depreciation.

Straight-Line Depreciation

A method of allocating the cost of an asset evenly over its useful life.

Depreciation Tax Shield

The reduction in taxes due to depreciation’s reducing taxable income.

Net Operating Cash Flows

The amount of cash that a company generates from its normal business operations after subtracting operating expenses.