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:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales, calculated by dividing net credit sales by the average accounts receivable.

Sales In Receivables

Likely refers to the concept of "Accounts Receivables" which are amounts owed by customers for goods or services delivered on credit.

Decimal Place

The position of a number to the right of the decimal point; each position represents a power of ten.

Comparative Income Statement

A financial statement that compares income, expenses, and net profit over multiple periods to assess performance.