The Last Step in Performance Appraisal Is to

question 142

Multiple Choice

The last step in performance appraisal is to

• A) talk to the employee being appraised.
• B) evaluate the employee's performance.
• C) take any corrective action that the appraisal indicates is necessary.
• D) use the results to make decisions about compensation, promotions, and additional training.

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Definitions:

Cost Accounting Systems

Methods and procedures used for collecting, classifying, analyzing, and allocating costs associated with a process, product, or project.

Process Cost System

An accounting system used to track and allocate costs of production in industries where goods are produced uniformly in continuous processes.

Job Order Cost

An accounting method that tracks the expenses of manufacturing a specific job or batch of goods, including materials, labor, and overhead.