If You Must Give an Employee a Negative Performance Review

question 42

Multiple Choice

If you must give an employee a negative performance review,

• A) do so by email or fax.
• B) support your assessment with careful documentation.
• C) limit your discussion to the areas where the employee needs improvement.
• D) do all of the above.
• E) you should assume that eventually, he or she will have to be dismissed.

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Definitions:

Tax Liability

The total amount of tax owed by an individual or corporation to a taxing authority.

Dollar-Value LIFO

An inventory valuation method that uses the last-in, first-out (LIFO) principle, but adjusts for changes in the value of money over time.

Current Cost

The expense required to replace an asset or an inventory item at the present time, as opposed to its historical purchase price.

FIFO Cost Flow

An inventory valuation method where the cost of the oldest inventory items are the first to be recorded as sold.