Evaluation of employee performance must include measures that are relevant and controllable by the employee.

A good performance measurement system should have the following characteristics: It should be based on activities over which managers have control or influence. It should be measurable. It should be timely. It should be consistent in its application. When appropriate, the actual results should be compared with the budgeted results, standards, or past performance. The measurements must not favor the manager over the goals of the entire organization. Often, managers have the ability to make decisions that favor their individual units but that may be detrimental to the overall performance of the organization. True / False

An external party receives information about past performance from   Question 7 options:   planning reports.   financial statements.   budget reports.   internal managerial accounting reports.

which are the performance measures necessary to implement and guarantee the proper functioning of the operations considering the following aspects: -Financial -Quality -Human resources