Answer the Following Questions Using the Information Below:
Genent Company

question 115

Multiple Choice

Answer the following questions using the information below:
Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data:
$\begin{array}{|l|r|r|r|r|r|}\hline &\text { Actual } & \text { Flexible Budget } & \text { Flexible } & \text { Sales-Volume } & \text { Static } \\&\text { Results } & \text { Variances } & \text { Budget } & \text { Variances } & \text { Budget } \\\hline\text { Units sold } & 495,000 & & 495,000 & & 453,750 \\\hline \text { Revenues } & \$ 185,150 & \$ 4,400 \mathrm{~F} & (\mathrm{~A}) & \$ 6,160 \mathrm{U} & (\mathrm{B}) \\\hline \text { Variable } & & & & & \\\text { costs } & (\mathrm{C}) & \$ 880 \mathrm{U} & \$ 69,780 & \$ 10,300 \mathrm{~F} & \$ 88,080 \\\hline \text { Fixed costs } & \$ 36,430 & \$ 3,770 \mathrm{~F} & \$ 40,200 & 0 & \$ 40,200 \\\hline \text { Operating } & & & & & \\\text { income } & \$ 78,060 & (\mathrm{D}) & \$ 70,770 & (\mathrm{E}) & \$ 66,630\\\hline\end{array}$
-What amounts are reported for revenues in the flexible-budget (A) and the static-budget (B) ,respectively?

• A) $164,320; $178,990
• B) $180,750; $186,910
• C) $185,150; $177,920
• D) $178,990; $186,910

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Definitions:

Multiple Raters

Involves using several individuals to assess or evaluate employee performance, to increase reliability and objectivity of the evaluation.

Supervisor

An individual within an organization who oversees and directs the work of a group of employees, ensuring that tasks are completed efficiently and effectively, and that team goals are met.

Behaviourally Anchored Rating Scales

An evaluation tool that rates employee performance based on specific behaviors that are anchored to numerical scales, aiming to reduce subjectivity.

Content Validity

The extent to which a selection instrument, such as a test, adequately samples the knowledge and skills needed to perform a particular job