The Director of Engineering at a Local Company Was Very

question 121

Multiple Choice

The director of engineering at a local company was very impressed that Jerry,a production engineer,had not missed a single day of work in the past 12-month period.Based on this one item,the director of engineering rated Jerry very high on all dimensions of his performance appraisal.This error in the performance appraisal process is known as a__________.

• A)halo effect
• B)projection error
• C)contrast error
• D)leniency error
• E)statutory effect

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Definitions:

Cash Increase

An increase in a company's cash flow, resulting from its operational, investing, or financial activities.

Cash Cycle

The duration between the initial cash outlay for the purchase of inventory and the collection of cash from customers from sales, essentially measuring the liquidity efficiency of a company.

Purchasing Inventory

The process of acquiring goods and materials that a business sells or uses in its production process, an essential component of supply chain management.

Fixed Asset Sale

The process of selling long-term assets, such as property, plant, and equipment, for cash or other compensation.