_____ Rating Error Occurs When a Rater Gives an Employee

question 19

Multiple Choice

_____ rating error occurs when a rater gives an employee high ratings on all aspects of performance because of his or her overall positive impression of the employee.

• A)Contrast
• B)Halo
• C)Leniency
• D)Similar to me
• E)Central tendency

---

Definitions:

Inventory Cost

Inventory cost refers to the total cost associated with acquiring, storing, and managing a company's inventory, including purchase costs, carrying costs, and any spoilage or shrinkage.

Physical Inventory

An actual count of all merchandise or stock on hand at a specific time.

Retained Earnings

Accumulated net income after dividends that is reinvested into the company rather than distributed to shareholders.

Income Statement

An Income Statement is a financial document that shows a company's revenue, expenses, and profits or losses over a specific period.