Which of the Following Helps Performance Management Meet the Goals

question 51

Multiple Choice

Which of the following helps performance management meet the goals of supporting strategy and developing employees?

• A) Strategic fit
• B) Specific feedback
• C) Overall opinion
• D) Employee orientation
• E) Generalized instruction

Know how adjusting entries affect both income statement and balance sheet accounts.

Understand the concept and accounting treatment of depreciation.

Recognize the effects of not making appropriate adjusting entries on financial statements.

Differentiate between accrued revenue/expenses and deferred revenue/expenses and their respective treatments.