A Newer Form of Performance Appraisal Is Called the ________

question 157

Multiple Choice

A newer form of performance appraisal is called the ________ because it encourages feedback from all around the employee including those who report to him/her.

• A) 360-degree review
• B) roundabout assessment
• C) environmental review
• D) multilevel assessment

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Definitions:

Accounting Practices

The systematic processes and guidelines followed by companies to prepare, present, and report financial statements.

Consolidation Purposes

The process in accounting where the financial statements of a parent company and its subsidiaries are combined to present as one entity for reporting.

Local GAAP

Refers to the Generally Accepted Accounting Principles that are specific to a country, governing how financial statements should be prepared and reported.

U.S. GAAP

The accounting standards and principles specifically used within the United States to guide the preparation of financial statements.