When Considering Which Sources to Use for Performance Data All

question 10

Multiple Choice

When considering which sources to use for performance data all of the following statements are correct EXCEPT:

• A) self appraisals are generally inflated.
• B) subordinates providing negative information may fear retaliation.
• C) coworker feedback can speak well to behavioral issues.
• D) supervisor data is the most complete of any data source.
• E) customer feedback is only useful in certain situations.

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Definitions:

Raw Materials Purchases

is the total cost of raw materials bought for production during a given period.

Direct Materials Purchase Budget

A financial plan that estimates the cost and quantity of raw materials required for production in a specific period.

Ending Inventories

The value of goods available for sale or use at the end of an accounting period.

Direct Labor Budget

A financial plan that forecasts the costs associated with the labor directly involved in the production of goods or services.