When Results and Behaviors Are Obviously Related,which Approach to Measuring

question 9

Multiple Choice

When results and behaviors are obviously related,which approach to measuring performance is most appropriate?

• A)Trait approach
• B)Results approach
• C)Behavior approach
• D)Orthodox approach

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Definitions:

Exchange Differences

Variance arising from translating foreign currency transactions or foreign operations into the reporting currency.

Presentation Currency

The form of money used to express the financial records of a company.

Net Profit

The amount of income that remains after subtracting all expenses, taxes, and costs from total revenue.

Monetary Items

Assets and liabilities that are to be received or paid in a fixed or determinable amount of money.