Employee Information Systems (Skills Inventories)contain Information on Each Employee's Education,skills,work

question 36

True/False

Employee information systems (skills inventories)contain information on each employee's education,skills,work experience,and career aspirations.

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Definitions:

Flexible Budget

A budget that adjusts or varies with changes in volume, activity, or other relevant factors.

Responsibility Accounting

A system of accounting that involves assigning revenues and costs to the managers responsible for their incurrence, promoting accountability.

Average Month

A concept used to calculate the average results or performance over several months, smoothing out fluctuations.

Return on Investment

A financial metric measuring the profitability of an investment, calculated as net profit divided by the cost of the investment.