Favoritism bias and hindsight bias are two of the significant disadvantages of:
A) Relative performance evaluation.
B) Line-item variance analysis.
C) Subjective performance evaluation.
D) Profit-driver profit variance analysis.

Question

Quizplus · Accepted Answer

Favoritism bias and hindsight bias are significant disadvantages of subjective performance evaluation because this method relies heavily on personal judgment and perceptions, which can be influenced by personal relationships (favoritism) or outcomes that were not predictable (hindsight).

Favoritism Bias and Hindsight Bias Are Two of the Significant