A distinct advantage of the checklist technique of performance appraisal is that specific items are evaluated–not just broad or general traits

Which of the following describes the classification and normal balance of the Retained Earnings account?

a. Asset, debit b. Stockholders' equity, credit c. Revenues, credit d. Expense, debit

What are the foundation stones from which economic models are built?

a. assumptions b. economic policies c. statistical forecasts d. legal systems