A __________ Occurs When Managers Lump Everyone Together Around the Average,or

question 21

Multiple Choice

A __________ occurs when managers lump everyone together around the average,or middle,category; this gives the impression that there are no very good or very poor performers on the dimensions being rates.

• A)personal bias error
• B)recency error
• C)halo error
• D)leniency error
• E)central tendency error

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Definitions:

Interest Accrued

The amount of interest that has been earned or incurred but has not yet been paid or received.

Note Paid

Represents the full repayment or settlement of the amount owed as denoted in a promissory note.

Interest Accrued

Interest that has been earned but not yet received or recorded.

Calculate Interest

Determining the cost of borrowing money or the profit from lending money, based on the principal sum, rate, and time.