Which of the Following Is Not Included in the Monitoring

question 50

Multiple Choice

Which of the following is not included in the monitoring step of performance management?

• A) measuring performance
• B) verifying progress
• C) deciding how to measure performance
• D) verifying achievement of goals
• E) tracking performance
• Monitoring performance involves measuring, tracking, or otherwise verifying progress and ultimate performance. Deciding how to measure performance would occur prior to setting performance expectations.

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Definitions:

A Premium

An amount paid exceeding the nominal or face value of a security or insurance policy.

Effective Yield

Effective yield is an investment's annual rate of interest when compounding occurs more often than once a year.

Present Value Factors

A factor used to calculate the present value of a future amount, considering the time value of money and interest rates.

Bond Carrying Value

The net book value of a bond on the issuer's balance sheet, calculated as the bond's face value minus any unamortized discounts or plus any unamortized premiums.