The Metric Views Human Resource Expenses in Relation to the Total

question 27

Multiple Choice

The metric views human resource expenses in relation to the total operating expenses of the organization.

• A)health care costs per employee
• B)human capital value added
• C)human capital ROI
• D)revenue factor
• E)HR expense factor

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Definitions:

Journal Entry

A record of a financial transaction in an accounting system, detailing the accounts affected and the amounts debited and credited.

Transferring Debits

The process of moving debit entries from one account to another in accounting, typically to ensure accuracy in financial records.

Credits

A bookkeeping entry that raises a liability or equity account or lowers an asset or expense account.

Journal Entries

The basic building blocks of accounting, representing financial transactions recorded in a company's ledger.