In performance appraisal, the ______ is a three-step process: Step 1: Set individual objectives and plans, Step 2: Give feedback and evaluate performance, Step 3: Reward according to performance.
A. narrative method or form
B. behaviorally anchored rating scale form
C. critical incidents method
D. management by objectives method
D. management by objectives method
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If an analyst expects a firm to generate net income each period exactly equal to required earnings, then the value of the firm will be equal to the ______________________________ of common shareholders' equity
Fill in the blank(s) with correct word
Which of the following is/are correct regarding the valuation of inventory?
a. GAAP require firms to record inventories at acquisition cost b. GAAP does not permit firms to revalue inventories above acquisition cost c. GAAP require firms to write down inventories when their replacement cost, or market value, declines below acquisition cost d. all of the above e. none of the above
A(n) scalar variable can hold only a single value.
Answer the following statement true (T) or false (F)
ABC Life Insurance Company is offering a new product. The product is a two-year term insurance policy funded by a single premium at the start of the first year. Death claims are paid at the end of the year in which death occurs
A portion of the appropriate mortality table is shown below. The first number is age, the second is the number alive at the start of the year, and the last number is the number dying during the year. 39 9,693,539 14,928 40 9,678,611 15,970 Using a 5.5 percent interest rate, the present value of $1 one year from today is .9479, and the present value of $1 two years from today is .8985. Assuming a 5.5 percent interest rate, what is the net single premium for a $1,000 two-year term policy issued at age 39? A) $1.49 B) $2.94 C) $5.67 D) $12.83