In Which of the Following Situations Would Peer Ratings Be

question 123

Multiple Choice

In which of the following situations would peer ratings be most appropriate?

• A) A group of salespeople meets monthly as a committee to talk about strategies for improving customer relations.
• B) The manager is too busy to meet with each subordinate for a formal appraisal interview.
• C) The members of the work group are highly cohesive and have strong friendships with one another.
• D) The supervisor manages a large geographical region and travels extensively, while the employees work with each other daily.

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Definitions:

Biweekly Salaries

Payments made to employees every two weeks, totaling 26 pay periods in a year.

Fiscal Period

A specific time frame used for financial reporting and budgeting, often synonymous with a fiscal year, but can refer to any defined accounting period.

Adjusting Entry

An entry made in the accounting journals at the end of an accounting period to allocate income and expenditure to the appropriate period.

Vertical Analysis

A financial analysis method that expresses each item in a financial statement as a percentage of a base figure, facilitating comparisons.