Post-Audits Create an Incentive for Managers to Make Accurate Estimates

question 117

True/False

Post-audits create an incentive for managers to make accurate estimates, since managers know that their results will be evaluated.

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Definitions:

Labour Market

The supply and demand for labor, where employers seek to hire workers and individuals seek employment.

HR Forecasting Process

The method used by human resources to estimate the future demand for and supply of employees needed to ensure the company's operations run smoothly.

Source of Human Capital

Origin from which an organization acquires its employees' knowledge, skills, and abilities, contributing to its competitiveness and success.

Internal Supply

Existing employees who can be retrained, promoted, transferred, or otherwise redeployed to fill anticipated future HR requirements.