Ricardo Is a Middle Manager for Intellect Corp

question 40

Multiple Choice

Ricardo is a middle manager for Intellect Corp.He has requested an evaluation by a panel to include coworkers,superiors,subordinates,and several of the company's clients.This type of evaluation is called a _____.

• A)management development program
• B)Professional Analysis,Inc.(PAI)review
• C)status performance appraisal
• D)360-degree performance review

---

Definitions:

Goodwill Recognition

The process of accounting for the excess of purchase price over the fair value of identifiable assets and liabilities of an acquired entity.

US GAAP

United States Generally Accepted Accounting Principles, the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS

International Financial Reporting Standards, a set of accounting guidelines that govern how financial statements are prepared worldwide.

Reporting Units

Entities for which discrete financial information is available and reviewed by the segment manager to make operating decisions.