ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is a systematic way to explore the consequences of specific choices using computer software.
A
Contingency Plan
B
What-if-analysis
C
Symptom
D
Problem
Explanation: 

Detailed explanation-1: -A performance review is a formal assessment in which a manager evaluates an employee’s work performance, identifies strengths and weaknesses, offers feedback, and sets goals for future performance. Performance reviews are also called performance appraisals or performance evaluations.

Detailed explanation-2: -Planning involves analyzing information, setting goals, and making decisions about what needs to be done.

Detailed explanation-3: -Also known as an annual review, performance review or evaluation, or employee appraisal, a performance appraisal evaluates an employee’s skills, achievements, and growth, or lack thereof.

There is 1 question to complete.