Which of the Following Is a Purpose of Performance Appraisals

question 2

Multiple Choice

Which of the following is a purpose of performance appraisals of employees?

• A) Increasing the number of human resources
• B) Evaluating human resource programs
• C) Providing learning opportunities to employees
• D) Promoting interaction among employees

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Definitions:

Purchaser's Inventory

Goods and materials that a business holds for the ultimate goal of resale.

LIFO Conformity Rule

A tax regulation requiring companies that use the Last In, First Out (LIFO) method for tax reporting to also use it for financial reporting.

Tax Reporting

The process of preparing and submitting tax documents to relevant tax authorities, detailing income, deductions, and other tax-related information.

Financial Reporting

Refers to the process of producing statements that disclose an organization's financial status to management, investors, and the government.