Employees' Knowledge and Skills Are Said to Generate Human Capital

question 18

True/False

Employees' knowledge and skills are said to generate human capital for firms and are the basis for incentive-pay.(Adjustments to Core Competition)

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Definitions:

Vulnerabilities Analysis

A process of identifying, quantifying, and prioritizing (or ranking) the vulnerabilities in a system, such as in information technology systems or energy supply systems.

Petty Cash

Petty cash refers to a small amount of cash on hand used for paying minor expenses in an organization to avoid writing checks for small amounts.

Journal Entry

is a record in accounting that represents the recording of a financial transaction, comprising debit and credit entries.

Disbursed Accounts

These are accounts from which funds have been paid out or disbursed, typically to settle obligations or expenses.