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All of the following would be considered appropriate collateral for a long-term loan except
Performance Appraisal
A process by which an employee's job performance is evaluated, typically by their supervisor, to provide feedback, identify areas for improvement, and guide decisions regarding promotions, pay raises, and development opportunities.
Managers
Individuals within an organization responsible for directing and overseeing the work of others, making strategic decisions, and ensuring goals are met.
Performance Appraisals
The systematic evaluation of an employee's job performance and productivity in relation to pre-established criteria and organizational objectives.
Administrative
Pertains to the organizational tasks, office work, and responsibilities involved in managing a company or institution.
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