The Last Step in Performance Appraisal Is to

question 142

Multiple Choice

The last step in performance appraisal is to

• A) talk to the employee being appraised.
• B) evaluate the employee's performance.
• C) take any corrective action that the appraisal indicates is necessary.
• D) use the results to make decisions about compensation, promotions, and additional training.

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Definitions:

Cost Drivers

Factors that cause a change in the cost of an activity, such as machine-hours, labor-hours, or quantity of materials.

Activity Variances

Differences between planned and actual costs arising from changes in activity levels in various cost centers within a business.

Cost Drivers

Factors that cause a change in the cost of an activity, used to assign overhead costs in activity-based costing systems.

Vocational School

An educational institution that provides specialized training and education targeted toward particular careers or trades.