Which of the Following Statements About Focal-Point Review Systems Is

question 29

Multiple Choice

Which of the following statements about focal-point review systems is true?

• A)In a focal-point review system,each employee is appraised during the month in which he or she was hired.
• B)Comparisons of individual employees are difficult with a focal-point review.
• C)Focal-point reviews prevent the job of appraising performance from becoming burdensome.
• D)Focal-point reviews have no effect on productivity cycles.
• E)None of the above statements about focal-point review systems is truE.

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Definitions:

Unit Variable Costs

The costs that vary directly with the production volume, per unit of output.

Total Cost

The aggregate monetary value of all materials, labor, overhead, and expenses spent on a project or production.

Net Income

The amount of money left after all expenses, taxes, and deductions have been subtracted from total revenue.

CVP Analysis

Cost-Volume-Profit Analysis, a method used in managerial accounting to understand the impact of varying levels of costs and volume on operating profit.