A Graphic Rating Scale ___

question 197

Multiple Choice

A graphic rating scale ___.

• A) uses specific descriptions of actual behaviours to rate various levels of performance
• B) uses a checklist of traits or characteristics to evaluate performance
• C) keeps a log of someone's effective and ineffective job behaviours
• D) is a slow and difficult approach for performance evaluation
• E) is very objective and has relatively high reliability and validity

---

Definitions:

Payment Plans

Agreements outlining how a borrower will pay back a loan or an installment purchase over a specified time period.

Amortized Mortgage

A loan where the principal is paid down over the life of the loan, typically through fixed monthly payments.

Nominal Interest Rate

The rate of interest before adjustments for inflation, reflecting the rate at which money can be borrowed or lent.

Monthly Payments

Regular payments made on a monthly basis towards settling a financial obligation, such as a loan or mortgage.