When Appraising an Automobile Mechanic, Mac Based His Appraisal on the Individual's

question 111

Multiple Choice

When appraising an automobile mechanic, Mac based his appraisal on the individual's performance doing routine maintenance and repairs on cars.It appears that Mac is basing his appraisal on ________.

• A)traits
• B)behaviors
• C)results
• D)incidents
• E)None of the above

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Definitions:

Discount Factor(s)

A multiplicative factor used to determine present value of future cash flows, reflecting the time value of money and risk of the cash flows.

Straight-Line Depreciation

A technique for distributing the expense of a physical asset across its lifespan in uniform yearly sums.

Straight-Line Depreciation

A method of allocating an asset's cost evenly across its useful life, resulting in a consistent annual depreciation expense.

Simple Rate of Return

A calculation that measures the gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.