It Has Been Estimated That Most HR Departments Spend Approximately

question 10

Multiple Choice

It has been estimated that most HR departments spend approximately ______ on transactional activities.

• A) 15% to 30%
• B) 5% to 15%
• C) 65% to 75%
• D) 50% to 65%

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Definitions:

Annuity

A monetary instrument offering regular, fixed payments to someone, commonly employed to generate a revenue flow for retired individuals.

Semiannual Interest

Interest that is computed and disbursed semi-annually, commonly associated with bonds and loans.

Straight-Line Method

A method of calculating depreciation or amortization by evenly distributing the cost over the useful life of the asset.

Amortization

The process of gradually writing off the initial cost of an intangible asset over a period of time.