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Accounting Involves Both the Recording and the Interpreting of Financial

question 272

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Accounting involves both the recording and the interpreting of financial events.


Definitions:

HRM Systems

Human Resource Management Systems; technology-based solutions that assist in managing an organization's human resource functions, such as recruitment, payroll, performance management, and more.

Strategic International HRM

Human resources management issues, functions, policies, and practices that result from the strategic activities of multinational enterprises and that affect the international concerns and goals of those enterprises.

Global Competence

The ability to interact effectively with people from different cultural backgrounds, understanding global issues and possessing skills for functioning in multicultural environments.

Adaptive IHRM

The process of international human resource management practices being adjusted and tailored to fit the cultural and regulatory environments of different countries.

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