Of the many types of rater training programs available today, meta-analytic evidence has demonstrated reliably that 360-degree training is the most effective at improving the accuracy of performance appraisals.
Answer the following statement true (T) or false (F)
False
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Cost accounting differs from financial accounting in that financial accounting:
a. Is mostly concerned with external financial reporting. b. Is mostly concerned with individual departments of the company. c. Provides the additional information required for special reports to management. d. Puts more emphasis on future operations.
The ______ environment consists of a series of influences that originate outside the organization and that the organization cannot control.
A. mission B. vision C. internal D. external
One study found that powerful individuals have been found to be ______.
A. risk averse B. compassionate C. good liars D. empathetic
HNW Ltd. HNW Ltd. manufactures and sells food processors. A popular consumer magazine has recently evaluated food processors and has ranked HNW's processors as being of "poor quality". As a result, HNW's management team has begun to analyze all costs associated with their food processors in more detail, and the following data has been compiled: Scrap costs $ 80,000 Quality training 75,000
Warranty claims 100,000 Rework costs 50,000 Inspection of incoming materials 30,000 Product quality audits 60,000 Statistical process control 40,000 Refer to the HNW Ltd. information above. What are HNW's total appraisal (detection) costs? A) $130,000 B) $205,000 C) $90,000 D) $100,000