Select the correct statement concerning the human factor of performance evaluation.
A) Variances should not be used to single out managers for punishment.
B) Variances must be analyzed carefully to ensure that they are fully understood.
C) Just because a cost variance is labeled as favorable doesn't necessarily mean that the manager should be commended for a job well done.
D) All of these

Question

Quizplus · Accepted Answer

All of the statements are true and important to consider when evaluating human performance. It is not productive to use variances as a punishment tool for managers, and variances should be carefully analyzed to fully understand the reasons behind the performance. Additionally, a cost variance labeled as favorable may not necessarily mean that the manager's performance was truly exceptional and should be recognized as such.

Select the Correct Statement Concerning the Human Factor of Performance