An HRM Audit Is a Formal Review of the Outcomes

question 3

True/False

An HRM audit is a formal review of the outcomes of HRM functions.

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Definitions:

Exchange Theory

A social psychological perspective that explains social change and stability as a process of negotiated exchanges between parties.

Costs

Refers to the expenses associated with an activity or project, including money, time, or resources expended.

Benefits

Advantages or positive outcomes that derive from a particular situation or action.

Characteristics

Qualities, traits, or features that are inherent or typical of a person, object, or concept.