What Is the Formula for Determining the Percentage Change in an Account

question 65

Essay

What is the formula for determining the percentage change in an account from one year to the next year?

---

Definitions:

Performance Appraisal

A systematic evaluation process of an employee's job performance and productivity in relation to certain pre-established criteria and organizational objectives.

Validity

The extent to which performance on a measure (such as a test score) is related to what the measure is designed to assess (such as job performance).

Relevant

Pertaining to or connected with the matter at hand; applicable or significant to the topic being discussed.

Paired-comparison Method

A technique in performance appraisal where an employee's performance is compared directly with that of another employee.