A Legally Defensible Performance Appraisal System Should Address Appraisal Criteria

question 3

True/False

A legally defensible performance appraisal system should address appraisal criteria arising from an analysis of the requirements of the position.

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Definitions:

Disclosed

The act of making information known or revealed, often in a financial context.

Operating Segments

Components of a business for which separate financial information is available and is evaluated regularly by the chief operating decision-maker to allocate resources and assess performance.

Disclosed

Disclosed means to make known or reveal information that was previously secret or unknown.

Interim Reports

Periodic financial statements reported by a company, usually quarterly, to provide investors and stakeholders with an update on performance.