The Greatest Problem Ordinarily Experienced with Standards-Based Appraisal Is

question 5

Multiple Choice

The greatest problem ordinarily experienced with standards-based appraisal is:

• A) The restrictive nature of specific performance targets generates employee resistance.
• B) The development of accurate performance standards is costly and time-consuming.
• C) Its requirements are inconsistent with those set forth by accrediting agencies.
• D) It negates the need for much judgment by the supervisor.

---

Definitions:

Compounded Monthly

Compounded monthly refers to the way interest is calculated on an investment or loan, with the interest added to the principal each month so that subsequent interest is earned on an increasingly larger base.

Annual Percentage Rate

The annual percentage rate (APR) is the yearly interest rate charged on borrowed money, including any fees or additional costs, providing a comprehensive cost measure.

Interest Per Month

The amount of interest payable each month on a loan, mortgage, or any other financial obligation that incurs interest.

Rate Of Return

The net gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.