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Ryan's manager provided him with a performance appraisal that covered the past six months.Ryan asked his manager what the appraisal was based on.Ryan contends that his manager only came to Ryan's work area once or twice in the past six months and could not possibly know enough about Ryan's work to write an appraisal.What aspect of good performance appraisals does Ryan's appraisal appear to be missing?
Just-In-Time
An inventory management strategy where materials and goods are produced or acquired only as needed in the production process, aiming to reduce waste.
Activity-Based Costing
A costing method that assigns manufacturing overhead and indirect costs to products and services based on their use of activities.
Process Cost Systems
A method of accounting used in manufacturing where costs are assigned to products, usually in continuous, repetitive operations.
Process Cost Accounting
A method of accounting that accumulates production costs for each process or department within a manufacturing facility.
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