One disadvantage of peer evaluations is the belief that they contain more biases and furnish less valid information than appraisals by superiors.
Answer the following statement true (T) or false (F)
False
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What is the role of top management in a participative budgeting system?
A. Top management must always tighten employee-set budget standards to eliminate employees' attempts to build slack into the standards. B. Top management must ensure that employee-generated objectives are consistent with those of the company. C. Top management has no role - the budget is entirely developed by the lower-level employees. D. All of the answers are correct.
Non-comparative scaling data are generally assumed to be interval or ratio scaled
Indicate whether the statement is true or false
Harrison Manufacturing Harrison Manufacturing has the following product information available: Sales price $50 per unit Variable costs $26 per unit Fixed costs $87,600 Refer to the Harrison Manufacturing information above. What is the break-even point in units?
A) 3,369 units B) 1,752 units C) 3,650 units D) 1,153 units
When a person dies, the gross estate is:
A) taxed at the rate of 50% B) adjusted for certain gifts made during the decedent's lifetime C) subject to the federal estate and gift tax D) not taxed if death bed gifts are made to eligible children