_____ Error Results When a Rater Assigns His/her Ratings on the Basis

question 34

Multiple Choice

_____ error results when a rater assigns his/her ratings on the basis of the employee's most recent performance,and is most likely to occur when appraisals are done only after long periods.

• A) Halo
• B) Contrast
• C) Recency
• D) Virtual

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Definitions:

Labor Rate

The cost per hour that a company pays for labor, often used in calculating the total labor cost of a project or production.

Selling and Administrative Expense Budget

outlines predicted selling expenses and administrative costs for a future period.

Fixed Expenses

Costs that do not change with the level of production or sales activities, such as rent or salaries.

Budgeted Sales

Projected sales volume or revenue for a specific period, used for planning and performance assessment purposes.