There Are Two Approaches to HR Forecasting: Quantitative and Qualitative

question 65

True/False

There are two approaches to HR forecasting: quantitative and qualitative.

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Definitions:

Times Interest Earned Ratio

A financial metric used to determine how well a company can meet its interest obligations based on current earnings.

Potential Creditors

Individuals or institutions that may lend money or extend credit to a company or individual.

Present Value

The existing financial estimate of a future quantity of money or stream of cash flows, with a certain return rate taken into account.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.