A Performance Appraisal System Is Valid Only If It _____________

question 72

Multiple Choice

A performance appraisal system is valid only if it _____________.

• A) provides consistent results each time it is used
• B) is statistically robust
• C) is used in a wide cross-section of industries
• D) is used across hierarchical levels in an organization
• E) actually measures people on relevant job content

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Definitions:

Receivables

These are amounts owed to a business by its customers for goods or services delivered on credit.

GAAP

Generally Accepted Accounting Principles, a set of accounting rules and standards used in the United States for preparing financial statements.

IFRS

A collection of worldwide accounting rules for financial reporting, known as International Financial Reporting Standards.

Credit Card Sale

A transaction in which the purchase of goods or services is made using a credit card, allowing customers to delay payment and sellers to receive immediate funds.