Which Performance Appraisal Tool Requires Supervisors to Categorize Employees from Best

question 31

Multiple Choice

Which performance appraisal tool requires supervisors to categorize employees from best to worst on various traits?

• A) digital dashboard
• B) graphic rating scale
• C) critical incident method
• D) alternation ranking method
• E) electronic performance monitoring

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Definitions:

Inventory Period

The average time it takes for a company to sell through its inventory, calculated by dividing the total inventory by the cost of goods sold and then multiplying by 365 days.

Accounts Payable Period

The average time it takes for a business to pay off its suppliers and vendors.

Liquidity Reserves

Liquid assets held by an entity as a buffer against future contingencies or unforeseen expenses.

Operating Cycle

The average period between purchasing or acquiring inventory and receiving cash from sales of the inventory, critical for managing company liquidity.