A(n)__________ Is an Evaluation in Which the Performance Level of Employees

question 73

Multiple Choice

A(n) __________ is an evaluation in which the performance level of employees is measured against established standards to make decisions about promotions,compensation,additional training or firing.

• A) Performance appraisal
• B) Job appraisal
• C) Employee evaluation
• D) Standards evaluation

---

Definitions:

U.S. GAAP

United States Generally Accepted Accounting Principles, a set of accounting rules used for financial reporting.

Book Value

The net value of a company's assets found on its balance sheet, often compared to its market value.

Extraordinary Item

An unusual and infrequent gain or loss that is reported separately in a company's financial statements to give a clearer picture of its regular income.

Operating Assets

Assets that are used by a business in its daily or regular operations to generate revenue, including cash, inventory, and property, plant, and equipment.