Which of the Following Is a Problem Associated with Performance

question 109

Multiple Choice

Which of the following is a problem associated with performance appraisals?

• A) Technical skills are not sufficiently assessed.
• B) Performance does not indicate training needs.
• C) Line managers are unfamiliar with subordinates.
• D) Past performance does not necessarily indicate future potential.

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Definitions:

Inventories

Inventories consist of raw materials, work-in-progress, and finished goods held by a company during the production and sales process, awaiting sale.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly involved in creating the product.

Cash Dividends

Payments made by a corporation to its shareholder members out of its earnings. It represents a share of corporate profits.

Property, Plant, Equipment

Long-term tangible assets used in the operation of a business and not intended for resale.