Behaviorally anchored rating scales are best defined as a performance appraisal
A. that only rates the degree to which an employee has achieved various characteristics.
B. in which a supervisor typically keeps a written record of incidents that show positive and negative ways an employee has acted.
C. that presents an appraiser with sets of statements describing employee behavior, and the appraiser rates these statements.
D. in which an employee is rated on scales containing statements describing performance in several areas.
Answer: B
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An electrical power system consists of four major components with reliabilities of 0.99, 0.90, 0.80, and 0.95. Compute and indicate the overall reliability of the electrical power system.
A. 0.8125 B. 0.9856 C. 0.7645 D. 0.6772
McGraw Company uses 5,000 units of Part X each year as a component in the assembly of one of its products. The company is presently producing Part X internally at a total cost of $100,000, computed as follows: Direct materials$15,000?Direct labor 30,000?Variable manufacturing overhead 10,000?Fixed manufacturing overhead 45,000?Total cost$ 100,000?An outside supplier has offered to provide Part X at a price of $18 per unit. If McGraw Company stops producing the part internally, one-third of the fixed manufacturing overhead would be eliminated. Assume that direct labor is a variable cost.Required:Prepare an analysis showing the annual financial advantage or disadvantage of accepting the outside supplier's offer.
What will be an ideal response?
Gwen and Travis organized a new business as an LLC in which they own equal interests. The new business generated a $10,000 operating loss its first year. Travis has no other taxable income for the current year, but expects to have sufficient taxable income in future years to pay tax in the 24% tax bracket. Which of the following statements regarding Travis' tax savings from the current LLC loss is true?
A. Travis can carry his share of LLC loss forward, and will get tax savings only when he generates future income. B. Travis can only use his share of the LLC loss in the current year, and will receive no tax savings. C. The LLC will reallocate Travis share of the loss to Gwen, who can claim $1,750 of additional tax savings. D. Travis can carry his share of LLC loss back two years as a net operating loss, and request an immediate tax refund of $1,200.
U.S. securities markets are efficient in part because these markets are very competitive
Indicate whether the statement is true or false