In Which Performance Appraisal Method Is the Performance of Each

question 114

Multiple Choice

In which performance appraisal method is the performance of each employee compared with every other employee in the group?

• A) forced distribution
• B) rating scales
• C) paired comparison
• D) weighted checklists

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Definitions:

Accounting Time Period

The span of time covered by financial statements, typically a fiscal quarter or year, during which all financial transactions are recorded and reported.

Quarter

A three-month period on the financial calendar that acts as a basis for periodic financial reporting and dividends.

Post-Closing Trial Balance

A summary of all accounts after closing entries are made, used to check the accuracy of closing entries and the balance of permanent accounts.

Adjusted Trial Balance

A list of all accounts and their final balances after all end-of-period adjusting entries have been made, used to prepare financial statements.