Maroon Hotels Inc

question 14

Multiple Choice

Maroon Hotels Inc.is using the behaviorally anchored rating scale (BARS) method of employee performance appraisal.What is the advantage of using BARS?

• A) It allows the active participation of both managers and job incumbents.
• B) It is an extremely simple and easy appraisal method to develop and execute.
• C) It focuses on performance outcomes rather than functional behaviors.
• D) It does not require separate appraisal forms for different jobs.

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Definitions:

Service Business

A company that provides intangible products or services to customers, as opposed to selling physical goods.

Managerial Accounting

A field of accounting focused on providing information to internal users to aid in decision-making, planning, and controlling operations.

Financial Accounting

The field of accounting that focuses on tracking and reporting the financial transactions of a business, resulting in the creation of financial statements.

Forensic Accounting

Forensic Accounting is the practice of using accounting, auditing, and investigative skills to assist in legal matters and conduct investigations into fraud or financial discrepancies.