Which of the Following Sources of Information for Measuring Performance

question 36

Multiple Choice

Which of the following sources of information for measuring performance is subject to personal biases,time consuming,and obtrusive?

• A)oral reports
• B)personal observations
• C)statistical reports
• D)written reports

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Definitions:

Normal Balance

The side (debit or credit) of an account that is usual or expected to increase the balance of that account.

Liability

Financial obligations or debts that a company owes to others, which must be settled through the transfer of assets or provision of services.

Asset

An economic resource that can be owned or controlled to produce value and that is held by a company to produce positive economic value.

Equity

The worth of an owner's stake in a property or business once all debts and other financial obligations have been subtracted.