Potential Ratings Are

question 21

Multiple Choice

Potential ratings are:

• A) Not used any more
• B) Similar to performance evaluations
• C) Very different than performance evaluations
• D) Performed by HRD

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Definitions:

Bids Won

The number of proposals or offers accepted by clients or customers, indicating successful sales or project initiations.

Activity-based System Accuracy

Activity-based system accuracy refers to the precision with which an activity-based costing system allocates overhead costs to products or services based on the actual activities undertaken.

Distorted Product Costs

The result of allocating overhead or other costs to products in a manner that does not accurately reflect the true resources consumed by the products.

Non-volume Factors

Elements that affect a business’s operations and cost structures that are not related to the volume of goods or services produced, such as changes in technology or regulatory environments.