Which of the Following Is NOT Useful Since It Does

question 97

Multiple Choice

Which of the following is NOT useful since it does not produce relative ratings for pay raise purpose critical incident method for performance appraisal?

• A) providing examples of excellent work performance
• B) comparing and ranking employees within a group
• C) reflecting performance throughout the appraisal period
• D) compiling examples of ineffective work performance

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Definitions:

Internal Control Policies

Procedures and protocols implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Harsh Penalties

Severe consequences or punishments imposed for violations of rules or laws.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.