To Clarify Performance Expectations, Which of the Following Should Be

question 26

Multiple Choice

To clarify performance expectations, which of the following should be developed?

• A) Strategic objectives
• B) A list of traits
• C) An HR strategy
• D) A business plan
• E) Measurable standards

Identify the conditions under which a principal is liable for the actions of their agent.

Describe the different ways an agency relationship can arise.

Recognize the effects of nondisclosure of agency on contractual obligations and liabilities.

Understand how agency relationships affect third-party contracts.

---

Definitions:

Cash Inflows

Any money coming into a company from various sources, including sales, financing, and investments.

Investment Proposal

A plan or suggestion put forward for consideration by others, typically involving expenditure on assets in expectation of achieving returns.

Simple Rate of Return

The simple rate of return is a financial metric that calculates the percentage increase or decrease in value of an investment over a specific period.

Straight-Line Depreciation

A technique that disperses the expense of a physical asset evenly across its operational lifespan in yearly increments.