Halo Effect Refers to a Bias,common in Performance Appraisals,that Occurs

question 164

True/False

Halo effect refers to a bias,common in performance appraisals,that occurs when a rater gives an employee different ratings on all of the items being evaluated,even though the individual shows consistency across the dimensions being assessed.

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Definitions:

GAAP

Generally Accepted Accounting Principles; a framework of accounting standards, rules and procedures used in the compilation of financial statements in the U.S.

Treasury Stock Transaction

Refers to the buying back or reacquisition of previously sold shares by the issuing company, reducing the amount of outstanding stock on the open market.

Additional Paid-in Capital

The amount of money investors pay above the par value of a stock.

Retirement of Shares

The process by which a company buys back its own shares from the marketplace, reducing the amount of outstanding shares.