1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sindrei [870]
3 years ago
13

Managers must be able to determine whether their workers are doing an effective and efficient job, with a minimum of errors and

disruptions. They do so by using a performance appraisal, an evaluation that measures employee performance against established standards in order to make decisions about promotions, compensation, training, or termination. Managing effectively means getting results through top performance. That's what performance appraisals at all levels of the organization are for—including at the top, where managers benefit from review by their subordinates. In the 360-degree review, management gathers opinions from all around the employee, including those under, above, and on the same level, to get an accurate, comprehensive idea of the worker's abilities.
a. True
b. False
Business
1 answer:
Katarina [22]3 years ago
6 0

Answer:

a. True

Explanation:

This system of performance review is a 360-degree review or feedback process where a given employee receives inputs on her performance (or other criteria such as behaviors, competencies and results achieved) from different employees with varying working relationships and at different levels.  The idea is to ensure that the employee's performance is not partial or biased.  Using this system, the employee who may be a manager will have her performance reviewed by employees below, above, and on the same level with her.

You might be interested in
XYZ Company received $18,000 on April 1, 2020 for one year's rent in advance and recorded the transaction with a credit to a nom
djverab [1.8K]

Answer:

Dr Rent revenue

Cr Unearned rent revenue, $4,500

Explanation:

Preparation of XYZ Company Journal entry

Since we were told that the Company received the amount of $18,000 on April 1, 2020 for a one year's rent paid in advance in which the transaction has a credit to a nominal account, this means we have to record the transaction by Debiting Rent revenue with 4,500 and Crediting Unearned rent revenue, with the same amount of $4,500 calculated as

(3/12 x $18,000 ).

Dr Rent revenue

Cr Unearned rent revenue, $4,500

(3/12 x $18,000 )

7 0
3 years ago
Shamrock, Inc. has 13000 shares of 5%, $100 par value, non-cumulative preferred stock and 52000 shares of $1 par value common st
ANTONII [103]

Answer:

the amount of dividends received by the common stockholders in 2017 is  $91,000

Explanation:

Holders of Common Stock receive their dividends after Holders of preferred stock have received their share.This is because the Holders of preferred stock  have first preference over Holders of Common Stock

Note : The Preference Shares are non-cumulative. Meaning that any dividends arrears will not be accumulated in other years.

<u>Calculation of Dividends attributable to common stockholders</u>

Dividend Declared and Paid - 2017                       $156000

<em>Less</em> Preference Dividend(13000×100×5%)          ($65,000)

Dividends attributable to common stockholders  $91,000

8 0
3 years ago
Read 2 more answers
On January 2, Haskins Company purchases a laser cutting machine for use in fabrication of a part for one of its key products. Th
MakcuM [25]

Answer:

Explanation:

Cost of machine - $80000

Useful life - 5 years

Salvage value -$5000

Depreciable amount = 80000-5000= 75000

Annual depreciation = 75000/5 = 15000

Year                    DR                       Accum Dep

Cost                                                                                   8000                  

1                Depreciation 15000       15000  

2               Depreciation  15000      30000

Year 3      Depreciation  15000      45000

Year 4      Depreciation   15000      60000

Year 5      Depreciation   15000      75000

Financial statement template

Balanced sheet

Cash asset + Non cash asset = liabilities + Equity

Cash asset + 65000  = liabilities + equity

Income statement

Revenue - expenses = Net income

Revenue - 15000 - Net Income

3 0
3 years ago
Which one of the following stock index futures has a multiplier of 50 Hong Kong dollars times the index?
Vadim26 [7]

Answer:

b. Hang Seng

Explanation:

Hong Kong's Hang Seng Index Futures and Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$50 (50 Hong Kong dollars) per point.

The Mini-Hang Seng Index Futures and the Mini-Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$10 per point.

3 0
4 years ago
Do you think having power and being in control makes boy <br>and men more masculine<br>​
shusha [124]
Yes I do believe that but not in all men tho some are different
5 0
3 years ago
Other questions:
  • Your company will generate 73,000 in annual revenue each year for the next eight years from a new information database. If the a
    8·1 answer
  • An economist conducted a study of the possible association between weekly income and weekly grocery expenditures. The particular
    8·1 answer
  • The ability of an interval estimate to contain the value of the population parameter is described by the
    6·1 answer
  • uppose that Jack and Sophia and Hal enter into an agreement for the sale of the business without the non-competition agreement.
    12·1 answer
  • A lawnmower manufacturer estimates that the probability of a fatal accident caused by the design of its product is 1/10,000 and
    6·1 answer
  • Ace Co. prepared an aging of its accounts receivable at December 31, 2014 and determined that the net realizable value of the re
    7·1 answer
  • A consumer values a house at $525,000 and a producer values the same house at $485,000. If the transaction is completed at $510,
    12·1 answer
  • Al Dente Pasta Company overstated its inventory by $10 million at the end of 2021. The discovery of this error during 2022, befo
    7·1 answer
  • HNT is an all-equity firm with a beta of .88. What will the firm's equity beta be if the firm switches to a debt-equity ratio of
    5·1 answer
  • Explain the three organizations who help the EU with the budget.<br><br> help me out!!
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!