The major advantage of the 360-degree appraisal technique is that it provides a means for minimizing bias in an otherwise subjective evaluation technique.
Answer the following statement true (T) or false (F)
True
The major advantage of the 360-degree appraisal technique is that it provides a means for minimizing bias in an otherwise subjective evaluation technique. This technique consists of having multiple raters (boss, peers, subordinates, customers) provide input into a manager's evaluation.
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Net Income:
A. Equals assets minus liabilities. B. Represents stockholders' claims against assets. C. Represents the amount of assets stockholders put into a business. D. Is the excess of revenues over expenses. E. Decreases equity.
The MPS is constrained by:
I. the availability of material. II. available capacity. III. inventory policies. IV. production plan. A) I, II, III and IV B) I and II only C) I, II, III only D) II and III only E) none of the above
A list of credit customers is called a(n):
A) Accounts Payable subsidiary ledger. B) general ledger. C) Accounts Receivable subsidiary ledger. D) general journal.
A firm's year-end retained earnings balances are $670,000 and $560,000, for 2018 and 2019 respectively. The firm paid $10,000 in dividends in 2019. The firm's net profit after taxes in 2019 was ________.
A) -$100,000 B) -$110,000 C) $100,000 D) $110,000