A Human Resource Manager of a Company Decides to Change

question 5

Multiple Choice

A human resource manager of a company decides to change the current job-content valuation technique by using a quantitative methodology.He thinks that the old approach fails to balance internal and external considerations while evaluating jobs.What type of job evaluation technique do you suggest for this HR manager?

• A)job-content evaluation
• B)market-based evaluation
• C)point method
• D)simple ranking plan

Recognize the government's strategies for controlling rising health care costs.

Identify the types of services provided by philanthropic groups in health care.

Analyze the historical changes in health care provision and funding, including during the Great Depression.

Evaluate how health insurance influences lifestyle behaviors and health care utilization.

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Definitions:

Variable Costing

A costing method in accounting that only considers variable costs, which change with the level of output, in the determination of the cost of goods sold or manufacturing costs.

Fixed Production Cost

Costs that do not vary with the level of production, such as rent, insurance, and salaries of permanent staff.

Ending Inventory

The total value of all unsold goods at the end of an accounting period, including raw materials, work-in-progress, and finished goods.

Beginning Inventory

The value of a company's inventory at the start of an accounting period, before any purchases or sales have been made.