Workforce Analytics Are

question 14

Multiple Choice

Workforce analytics are

• A) used to calculate costs and benefits analyses
• B) used to predict the future strategy of an organization
• C) strategies for combining metrics and examining changes in metrics
• D) efforts to align real-time analysis of organizational and HR processes

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Definitions:

Depreciation Expense

The portion of the cost of a fixed asset that is charged as an expense in a particular accounting period, reflecting the asset's usage and wear and tear.

Betterments

Improvements made to a property or asset that increase its value or productivity.

Plant Asset

Plant asset is a long-term physical asset used in the production process of a company, such as machinery, buildings, and equipment.

Revenue Expenditures

Expenses that are directly matched with revenues for a specific period, typically affecting the income statement immediately.