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Oftentimes These Individuals Are Given Lower Performance Appraisal Ratings Because

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Oftentimes these individuals are given lower performance appraisal ratings because superiors do not want them to get promoted.


Definitions:

Conceptual Framework

The conceptual framework in accounting is a system of interrelated objectives and fundamentals that provides the foundation for financial accounting and reporting standards.

General Purpose Financial Statements

Financial reports intended to meet the needs of various users who are not in a position to demand custom reports tailored to their information needs.

Special Purpose Financial Statements

Financial statements designed to meet specific needs of users that are not addressed by standard financial statements, often required by contractual or regulatory requirements.

Economic Benefits

The advantages or gains that an organization receives or expects to receive from its business activities.

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