In the ____ Method,the Manager Keeps a Written Record of Both

question 29

Multiple Choice

In the ____ method,the manager keeps a written record of both highly favorable and unfavorable actions in an employee's performance during the entire rating period.

• A) checklist
• B) paired comparisons
• C) essay
• D) critical incident

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Definitions:

Markup

An amount added to the cost price of goods to cover overhead and profit.

Absorption Costing

An accounting method that includes all direct costs and an allocated portion of fixed and variable overhead costs in the cost of a product.

Cost-plus Pricing

Setting the price of a product by adding a markup to its variable costs to ensure a margin of profit.

Return on Investment

A financial ratio used to calculate the profitability of an investment, representing the percentage return on the invested amount.