Which of the Following Is a Certification Program Designed for HR

question 5

Multiple Choice

Which of the following is a certification program designed for HR specialists?

• A) Certified Compensation Professionals (CCP)
• B) Certified Safety Professional (CSP)
• C) Certified Performance Technologist (CPT)
• D) All of the above

Determine the average collection period to assess the effectiveness of credit policies.

Interpret inventory turnover to assess inventory management efficiency.

Calculate return on equity to evaluate financial performance.

Understand the significance of net profit margin and gross margin percentages in assessing profitability.

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Definitions:

Markup

The amount added to the cost of goods to cover overhead and profit, determining the selling price.

Variable Selling

Expenses that change in proportion to the volume of goods or services sold, such as commissions and shipping fees.

Special Order

A one-time order that is not usually part of the company's normal ongoing operations, often requiring special pricing or terms.

Markup

The uplift in the purchase price of items specifically to recover operational overhead and to make a profit.