Neerja Is Rating Her Team of Ten Employees

question 67

Multiple Choice

Neerja is rating her team of ten employees.According to company policy,one employee should be "below expectations" and three employees should be rated "exceptional." What performance appraisal technique does this company use?

• A) Paired comparison method
• B) Critical incident method
• C) Alternation ranking method
• D) Graphic rating scale
• E) Forced distribution method

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Definitions:

Internal Control

A system of policies, procedures, and measures designed to protect assets, ensure accurate financial reporting, compliance with laws and regulations, and achieve effective and efficient operations.

Safeguarded Assets

Assets that are protected against loss, theft, or unauthorized use through various security measures and controls.

Accurate Business Information

Reliable, precise, and up-to-date data or facts about a company's operations, financials, and strategy, crucial for decision-making.

Petty Cash Receipts

Documents that record cash payments from a petty cash fund, used to manage small and incidental expenses.