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goldenfox [79]
2 years ago
9

Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10

. He rates 18 employees at 5, which leads to central tendency. In the context of types of rating errors, Corey commits a _____ error.
Business
1 answer:
Sonbull [250]2 years ago
3 0

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

  1. severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
  2. leniency.- when the person in charge of rating is too lenient and rates the  employees with a high grade.
  3. central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.
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When a company has an obligation or right to repurchase an asset for an amount greater than or equal to its selling price, the t
Alexus [3.1K]

Answer:

financing transaction.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, investing and financing activities.

A transaction can be defined as a business process which typically involves the interchange of goods, financial assets, services and money between a seller and a buyer.

Financing transaction can be defined as an obligation or right of an organization (business firm) to repurchase an asset for an amount greater than or equal to the selling price of the asset.

7 0
2 years ago
Lisa Simpson, age 8 genius, deposits $100 today and plans to continue making additional deposits of $100 at the end of each quar
alukav5142 [94]

Answer: $8,009.3

Explanation:

Given that,

Deposits(P) = $100 today (Annuity amount)

Additional deposits = $100 end of each quarter for the next 13 years

nominal annual rate = 6% compounded annually

Quarterly\ rate(r) = \frac{0.06}{4}

                               = 0.015

No. of deposits (n) = 53

Payments are made at end of quarter. So future Value of annuity formula will become applicable.

Future value of annuity due = P\times\frac{(1+r)^{n}-1}{r}

                                                            = 100\times\frac{(1+0.015)^{53}-1}{0.015}

                                                            = 100 × 80.09

                                                            = $8,009.3

Therefore, she will have $8009.38 for her trip.

5 0
2 years ago
Uniform Supply accepted a $4,800, 90-day, 10% note from Tracy Janitorial on October 17. If the note is dishonored, but Uniform S
Vesna [10]

Answer:

Check the explanation

Explanation:

Solution: Journal entry for the purpose would be:

Cash A/c. Dr. 4920

Interest Revenue 20

Interest Receivable 100

Note Receivable. 4800

(Being due amount on note along with the interest collected)

Note:

Total interest on Note= 4800 x 10% x90/ 360 days

= $120

Interest accrued in previous year=$ 120 x 2.5/3 =$ 100

(i.e. represent in entry by way of interest receivable)

Interest income for current period =$(120-100)=$20

Assumed: Financial year ended on December 31st.

8 0
2 years ago
When the floor rusted through on her old car, kelly knew she had a problem. logically, kelly's next step in the consumer decisio
n200080 [17]
<span><span>To search for information about cars would be Kelly’s next step in the consumer decision process. The </span>consumer decision-making process is composed of five steps that can be a guide for marketers to understand and communicate effectively to consumers.<span> These steps are following:</span></span> <span><span>
1.</span><span>Need recognition</span></span>
<span><span>2.</span>Information search</span>
<span><span>3.</span>Evaluations of alternatives</span> <span><span>
4.</span>Purchase</span>
<span><span>5.</span>Post-purchase behavior. </span>

 


3 0
2 years ago
Read 2 more answers
You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
Alchen [17]

Answer:

Future value= $151,018.51

Explanation:

Future value of money measures how much a present amount of money will be in the future at a given interest rate.

The interest gained on money shows the time value of money. One dollar today is less than one dollar in one year's time

The formula for future value is

Future value = Present value * (1 + rate)^time

As we have two periods in this case (10 years and 20 years)

Future value = Present value * {(1 + rate1)^time1} * {(1 + rate2)^time2}

Future value = 12,500 * {(1 + 0.07)^10} * {(1 + 0.095)^20}

Future value= $151,018.51

4 0
2 years ago
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