The Method of Performance Measurement That Uses Several Statements Describing

question 75

Multiple Choice

The method of performance measurement that uses several statements describing each trait to produce a final score for that trait is known as the _____.

• A) behaviorally anchored rating scale
• B) mixed-standard scale
• C) behavioral observation scale
• D) graphic rating scale
• E) forced distribution scale

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Definitions:

Variable Costing

An accounting method that only includes variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, treating fixed costs as period expenses.

Absorption Costing

An accounting method that includes all manufacturing costs (direct costs, fixed, and variable overheads) in the cost of a product.

Costing Approach

A method or system used to calculate the cost of a product, project, or service for accounting, financial, and strategic planning.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.