LuChen, an HR Manager at Sunny Day, Is Completing the HR

question 22

Multiple Choice

LuChen, an HR Manager at Sunny Day, is completing the HR planning process. Which of the following should be her last step?

• A) Reviewing the organization's strategic plans
• B) Developing HR staffing plans and actions
• C) Compiling HR planning forecasts
• D) Assessing the external and the internal workforce

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Definitions:

Credit Policy

The guidelines a company follows to determine the creditworthiness of its customers and the terms and conditions of credit it will extend to them.

Bad Debts

Amounts owed to a company that are written off as uncollectible, typically from customers who fail to pay their invoices.

Credit Policy Relaxation

The act of making a company's criteria for extending credit more lenient, aiming to boost sales at the risk of higher bad debts.

Accounts Receivable

Unpaid dues from customers to a company for goods or services already delivered.