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weqwewe [10]
3 years ago
9

A comprehensive approach to performance appraisal that uses the evaluations of bosses, peers, and subordinates as well as self-r

atings, customer ratings, and ratings of others outside the work unit is known as a(n) __________________.
Business
1 answer:
ss7ja [257]3 years ago
4 0

Answer: A 360-degree assessment or feedback.

Explanation:

A 360-degree feedback which is also known as multi-rater feedback, multi source feedback, or multi source assessment, refers to the process through which feedback is gathered from an employee's colleagues, subordinates, and even supervisors/managers, this is done in combination with feedback gathered about the employee as well.

A 360-degree feedback is a form of performance evaluation that is carried out in order to improve management, leadership, peers, and employees' competencies.

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The following data have been provided by Furr Corporation: Budgeted production 7,000 motors Standard machine-hours per motor 8.6
DedPeter [7]

Answer:

Variable manufacturing overhead rate variance= $8,078.2 unfavorable

Explanation:

Giving the following information:

Standard power rate $ 1.40 per machine-hour

Actual machine-hours (total) 62,140 machine-hours

Actual power cost (total) $ 94,989

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 94,989/62,140= $1.53

Variable manufacturing overhead rate variance= (1.4 - 1.53)*62,140

Variable manufacturing overhead rate variance= $8,078.2 unfavorable

8 0
3 years ago
Granite Company purchased a machine costing $133,000, terms 2/10, n/30. The machine was shipped FOB shipping point and freight c
nikitadnepr [17]

Answer:

$144,940

Explanation:

machine costing = $133,000

freight charges = $3,300

special mounting and wiring connections costing = $11,300

Discount rate = 2%

Compute the machine cost as given below:

Machine cost:

= Purchase price × (1 - Discount rate) + Freight charges + Special mounting and wiring connection cost

= 133,000 × (1 - 2%) + $3,300 + $11,300

= $144,940

6 0
3 years ago
Genuineness, or reality, of agreement is said to be present in a contract when there is?
hichkok12 [17]

The correct answer is a true meeting of the minds.

Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.

What is Genuineness or reality of aggreement?

  • Genuine Consent may be a total understanding between two competent parties.
  • A party who illustrates that he or she did not truly consent to the terms of a contract may void the contract.
  • Veritable consent may be missing due to botch, false distortion, undue impact or pressure.
  • All parties must lock in within the assention openly. A contract may not be upheld on the off chance that one or more parties have made botches within the dialect.
  • Moreover, a contract may be voided in case one party has committed extortion or applied undue impact over another.
  • For case, you sign a contract in which you concur to offer your house to your next-door neighbor for $1. Once you marked the contract, your neighbor was undermining you. Clearly, you made the understanding beneath pressure, so the contract isn't substantial.

To know more about Genuineness or reality of aggreement visit:

brainly.com/question/28175712

#SPJ4

8 0
2 years ago
Two foreign companies want to trade shares of their stock on u.s. stock exchanges. one company follows ifrs but the other compan
Svetach [21]

Answer;

-A foreign company that wants to have their shares traded on U.S. stock exchanges who uses accounting practices that comply with IFRS

Explanation;

Financial Accounting Standards Board (FASB) is the primary accounting standard-setting body in the United States. Generally accepted accounting principles (GAAP) is a set of accounting standards that have substantial authoritative support and which guide accounting professionals.

-FASB goal is to provide leadership for public companies in establishing and improving the accounting methods used to prepare financial statements. The FASB has the authority to set, but not enforce, accounting standards. Enforcement falls under the jurisdiction of the SEC. The FASB takes recommendations from the SEC and the AIPA when devising or improving standards; however, it is not required to.

3 0
3 years ago
Swing Co. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bonds have a par value of $1,0
nordsb [41]

Answer:

YTM = 7.77%

YTC = 7.62%

Explanation:

YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = {90 + [(1,000 - 1,130.35)/18]} / [(1,000 + 1,130.35)/2]

YTM = 82.758333 / 1,065.175 = 0.07769 = 7.77%

YTC = {coupon + [(call value - market value)/n]} / [(call value + market value)/2]

YTC = {90 + [(1,060 - 1,130.35)/8]} / [(1,000 + 1,130.35)/2]

YTC = 81.20625 / 1,065.175 = 0.07623 = 7.62%

6 0
4 years ago
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