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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.

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Suppose you have three choices as to what to do for two hours on Sunday afternoon: work around the house, earning $3.50 an hour;
kobusy [5.1K]

Answer:

the opportunity cost is in the case when you choose to go to the movies is $20

Explanation:

The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:

= Earning per hour × number of hours

= $10 × 2 hours

= $20

Hence, the opportunity cost is in the case when you choose to go to the movies is $20

5 0
3 years ago
In the figure below, ∆LMN is an equilateral triangle, side \overline {LM} LM is bisected by O, side \overline {LN} LM is bisecte
likoan [24]

Based on the calculations, the measure of angle PON (∠PON) in equilateral triangle LMN is equal to 30°.

<h3>What is an equilateral triangle?</h3>

An equilateral triangle can be defined as a special type of triangle that has equal side lengths and all of its three (3) interior angles are equal.

Since triangle LMN is an equilateral triangle, the following applies:

LN = LM = MN

∠LNM = ∠L = ∠LM = 60°

OP // MN (O and P are midpoint).

∠NPO = 90° + (90° - 60°) = 120°

∠PNO = ∠LNP/2 = 60/2 = 30°.

Therefore, ∠PON is given by:

∠PON = 180° - (∠PNO + ∠NPO)

∠PON = 180° - (30° + 120°)

∠PON = 180° - 150°

∠PON = 30°

Read more on equilateral triangle here: brainly.com/question/14709905

#SPJ1

4 0
2 years ago
Joe Hall owns a limousine for use in his personal service business of transporting passengers to airports. The limousine’s adjus
tino4ka555 [31]

Answer:

B. $280,000

Explanation:

The capital assets are those assets which are used for the personal purpose, not for the business purpose. The examples of capital assets include personal property, stocks, bonds, clothing, dwelling, etc.

It excludes that property which is used for trade or business purpose like - limousine.

In the given situation, the capital asset would be $280,000 as it owns for personal residence and furnishings.

6 0
3 years ago
Janice is the sole owner of Catbird Company. In the current year, Catbird had operating income of $100,000, a long-term capital
Ahat [919]

Answer / Explanation:

To answer this question considering the tax entity and how Janice will report this information on her individual tax return, We need to consider the fact that different tax entity are categorized by its unique report and information.

So to properly answer these question, we will have to assume three (3) different scenario which are: (1) Is it a Limited Liability Company, Is it a Small business corporation, Is it an AC Corporation.

We should also note that this segregation is need as each type of corporation tax are dealt with differently thus enabling us treat the question properly in respect to tax entity and as regards to how Janice will report the information on her individual tax return.

Consequentially,

a. If Catbird Company is an LLC: A single-member LLC is taxed as a proprietorship. Thus, Janice will report the $100,000 operating income (Schedule C), $15,000 long-term capital gain (Schedule D), and if she itemizes, $5,000 charitable contribution (Schedule A) on her tax return. The $70,000 withdrawal would have no effect on Janice's individual tax return.

b. If Catbird Company is an S corporation: An S corporation is a tax reporting entity (Form 1120S), and its income, gains, deductions, and losses are passed through to and reported by the shareholders on their tax returns. Separately stated items (e.g., long-term capital gain and charitable contribution) retain their character at the shareholder level. Consequently, Janice will report the $100,000 operating income (Schedule E), $15,000 long-term capital gain (Schedule D), and if she itemizes, $5,000 charitable contribution (Schedule A) on her tax return. The $70,000 withdrawal would have no effect on Janice's individual tax return.

c. If Catbird Company is a C corporation: A C corporation is a separate taxable entity, and its taxable income has no effect on the shareholders until such time a dividend is paid. When dividends are paid, shareholders must report dividend income on their tax returns. Thus, Catbird Company will report taxable income of $110,000 ($100,000 operating income + $15,000 LTCG - $5,000 charitable contribution) on its Form 1120. Corporations receive no preferential tax rate on long-term capital gains. Janice will report dividend income of $70,000 (Schedule B) on her individual tax return.

8 0
4 years ago
A small country that uses the U.S. dollar as its currency is measuring its GDP for the current year. Personal consumption expend
statuscvo [17]

Answer:

$117,800

Explanation:

GDP formula is:

GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)

Last year, C= $69,000 and it increased 10% (100%+10%=110%),  

This year: C= $69,000*1.10= $75,900.

Last year: I= $18,000 and it decreased 5% (100%-5%=95%).

This year: I= $18,000*0,95= $17,100

Last year: G=$19,000 and it increased by 20% (100%+20%=120%)

This year: G= $ 19,000*1.20=$22,800

Last year: X-M= $2000 and it remained the same

This year: X-M= $2000

Current year´s GDP= $75,900+$17,100+$22,800+$2000= $117,800

5 0
3 years ago
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