In a Typical Division of Appraisal Responsibilities, Which of These

question 121

Multiple Choice

In a typical division of appraisal responsibilities, which of these is an HR unit task?

• A)providing regular informal appraisals
• B)designing and maintaining the formal system
• C)rating performance of employees
• D)reviewing appraisals with employees

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Definitions:

Equity Capital

The amount of money that is invested in a company by its owners, in exchange for ownership interest or shares.

Economic Profit

The surplus remaining after deducting total costs from total revenues, including both explicit and implicit costs, and representing a measure of economic efficiency.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Accounting Profit

The total revenue of a business minus the explicit costs, representing the financial gain on its income statement.