Which of the Following Does NOT Need to Be Given

question 53

Multiple Choice

Which of the following does NOT need to be given consideration in setting goals and establishing a performance plan?

• A)the goals must be specific and include a time frame
• B)the employee must have a say in which goals he or she needs to achieve
• C)discussions between supervisor and employee to ensure involvement and commitment to goals
• D)the goal must be linked to overall business objectives

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Definitions:

Finished Goods Inventory

Completed products that are ready to be sold but have not yet been sold to customers.

Product Costs

Costs directly tied to the creation of a product, including raw materials, labor, and manufacturing overhead.

Manufacturing Process

A sequence of operations and processes designed to create a specific product from raw materials or components.

Balance Sheet

A list of the assets, liabilities, and stockholders’ equity as of a specific date, usually at the close of the last day of a month or a year.