Tom, Who Is Not in Jane's Department, Has Been Asked

question 76

Multiple Choice

Tom, who is not in Jane's department, has been asked to conduct her performance appraisal, as her supervisor is on sick leave from the organization. Tom has little knowledge of what Jane does, but he's agreed to evaluate Jane. Tom's evaluation may be suspect because he _________.

• A) did not explain to Jane the purpose of the meeting.
• B) did not properly prepare for the appraisal in advance.
• C) is not familiar with Jane's job responsibilities or how well she performed them.
• D) never took a course on how to appraise an employee.
• E) does not know how to give constructive criticism.

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Definitions:

Nonparticipating Preferred Stock

A type of preferred stock that does not entitle the shareholder to share in the company’s extra earnings beyond the fixed dividend payment.

Cumulative

Referring to a total that increases over time by adding successive amounts.

Callable

a feature of a financial security that allows the issuer to repurchase or redeem the security before its maturity date.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares, rather than cash.