An Information System for Managing All Interactions with Current and Potential

question 4

Multiple Choice

An information system for managing all interactions with current and potential employees is called a(n) _____ .

• A) employee management system
• B) human resource management system
• C) staff management reporting system
• D) management information system

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Definitions:

Internal Control

Processes designed to ensure the reliability of financial reporting, effectiveness and efficiency of operations, and compliance with laws and regulations.

Income Statement

An income statement is a financial statement that shows a company's revenues and expenses over a specific period of time, ultimately revealing the company’s profit or loss.

Balance Sheet

A report detailing a corporation's assets, liabilities, and shareholders' equity at a certain moment.

Bank Reconciliation

The process of comparing and matching figures from the accounting records against those shown on a bank statement to ensure accuracy.