Concerning the Appraisal of Employee Performance, It Should Fall Upon

question 17

Multiple Choice

Concerning the appraisal of employee performance, it should fall upon human resources to:

• A) Provide forms, instructions, schedules, and reminders throughout the process and generally keep the process moving.
• B) Check all employee appraisals and adjust ratings for consistency.
• C) Simply announce the appraisal cycle and send out forms and instructions.
• D) Tell the first-line supervisors which of their employees should be rated at standard or higher.

Evaluate the value of rough estimates of probability distribution of project NPV or IRR over point estimates.

Understand and apply scenario and decision tree analysis in capital budgeting.

Recognize the significance of options in capital budgeting including expansion, abandonment, and timing options.

Distinguish between different types of analysis including scenario, sensitivity, and simulation analyses in evaluating project variables.

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Definitions:

Calendar Year

The period of time from January 1 to December 31 in the Gregorian calendar.

Sales Estimate

An approximation of the number or monetary value of sales that a company expects to achieve within a certain period.

Cash-Out Situation

A scenario where an investor or business needs to liquidate assets or securities to cover liabilities or other cash needs.

Collection Period

The amount of time it takes for a business to receive payments owed by its customers.