The First Step of the Performance Management Cycle Is To

question 31

Multiple Choice

The first step of the performance management cycle is to:

• A)choose the right person for the right job.
• B)assess performance.
• C)recognize and reward achievement.
• D)make reassignment decisions.
• E)provide feedback on performance.

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Definitions:

Financing Activities

Transactions involving obtaining resources from creditors and repaying them, as well as equity transactions with investors.

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a period.

Financing Activities

Transactions related to raising and repaying capital, such as issuing stocks or bonds and paying dividends.

Net Cash

The amount of cash that is available after all debts and expenses have been paid.