Which of the Following Is True Regarding Performance Appraisals and Internal

question 23

Multiple Choice

Which of the following is true regarding performance appraisals and internal selection?

• A) It is illegal for organizations to use performance appraisals as a basis for internal selection decisions.
• B) Performance appraisals have no validity.
• C) Performance appraisals have no reliability.
• D) Performance appraisals are readily available in most organizations.

---

Definitions:

Government Spending

Expenditures made by the government for the purpose of economic activity, including salaries of public servants, public projects, and social services.

Recession

A marked reduction in economic performance widespread throughout the economy, persisting for more than a few months, often seen in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Expected Profit Rate

The forecasted return or profit expressed as a percentage that a business or investment is projected to earn over a specific period.

Interest Rate

The percentage of an amount of money charged for its use, indicating the cost of borrowing money or the return on invested savings.