A performance rating error in which the rater is reluctant to give employees either extremely high or extremely low ratings is referred to as a(n)
A. recency error.
B. error of central tendency.
C. leniency or strictness error.
D. halo error.
Answer: B
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A company had sales of $12,000,000 for the year. Receivables at the end of the year were $1,100,000, which represented an increase of $200,000 over the receivables at the beginning of the year. What was the accounts receivable turnover?
a. 12.0 b. 10.0 c. 10.9 d. 13.3
In preparing a first draft of a legal document, you should:
a. reread the directions. b. begin in a logical fashion. c. complete one section before moving on to another section. d. periodically go back and reread directions. e. All of the above
Which of the following would likely cause a change in market opportunities based upon levels of income and wealth?
A) economic change B) sociological and demographic change C) technological change D) political change E) legal change
Peerless Inc., a large conglomerate, wants to liquidate its business in certain industries to improve its overall profitability. Which of the following industries would Peerless Inc. find it most difficult to exit?
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