Generally, Human Resources Should Report to a Level No Lower

question 20

Short Answer

Generally, human resources should report to a level no lower than the level that has authority over all of the organization's _________ functions.

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Definitions:

Bank Indebtedness

A financial obligation or debt owed to a bank by an individual or corporation, usually in the form of loans or lines of credit.

Contingent Liability

A potential financial obligation that may occur depending on the outcome of a future event.

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payments on debt over a reporting period.

Note Payable

A written agreement where one party promises to pay another party a definite sum of money either on demand or at a specified future date.