Each Year, Marcus Reviews the Organizational Goals for the Coming

question 27

Multiple Choice

Each year, Marcus reviews the organizational goals for the coming year. He evaluates the staff levels and skills needed relative to the capabilities of the existing organization. This evaluation is part of

• A)job analysis.
• B)human resource development.
• C)human resource planning.
• D)training and development.
• E)job design.

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Definitions:

Consolidated Statement

Financial statements that aggregate the financials of a parent company and its subsidiaries, presenting the finances as if the group were a single entity.

Cost Method

An accounting approach where investments are recorded at their acquisition cost, without adjusting for changes in market value unless there is a decline in value judged to be other than temporary.

Controlling Interest

Ownership interest in a business entity through which a party has the power to influence or direct its policies and management.

Consolidated Net Income

The total net income of a parent company and its subsidiaries, after eliminating intercompany transactions.