Which of the Following Statements About Performance Appraisals Is the Most

question 422

Multiple Choice

Which of the following statements about performance appraisals is the most accurate?

• A) The most difficult step of a performance appraisal is almost always the actual evaluation of the employee's performance.
• B) Performance standards do not have to be measurable in order to be effective.
• C) The discussion of the results of a performance evaluation with an employee should allow the employee an opportunity to make suggestions about how to improve on current procedures.
• D) Most employees have a good understanding of the standards they are expected to meet, even if their managers do not explicitly communicate these standards.

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Definitions:

Shares Outstanding

The total number of shares of a corporation that have been authorized, issued, and purchased by investors and are held by them.

Debt-Equity Ratio

A metric indicating the balance between shareholders' equity and debt in financing a company's assets.

Capital Spending

Expenditures by a business for acquiring or upgrading physical assets such as property, industrial buildings, or equipment.

Earnings Estimate

A projection or forecast of a company's future earnings per share, often provided by analysts.