COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is a systematic way to explore the consequences of specific choices using computer software.
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Contingency Plan
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What-if-analysis
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Symptom
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Problem
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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.
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