This Appraisal Method Is Used by More Major Corporations Than

question 68

Multiple Choice

This appraisal method is used by more major corporations than any other method.

• A) management by objectives
• B) 360-degree appraisal
• C) critical incidents
• D) graphic rating scales

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Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual units of production based on a certain activity base.

Variable Component

The part of a cost or expense that varies directly with the level of activity or production volume, in contrast to fixed costs.

Electrical Motor

An electromechanical device that converts electrical energy into mechanical energy, commonly used in various appliances, machinery, and vehicles.

Labor-Hour

A unit of measure representing an hour of work performed by an employee.