The Human Resource Certification Institute Is Identifying and Codifying the "Body

question 16

Multiple Choice

The Human Resource Certification Institute is identifying and codifying the "body of knowledge" in IHR and designing a testing procedure for

• A) certifying professional skill and knowledge in IHRM.
• B) certifying IHRM practices and policies.
• C) certifying that IHRM regulations have been adhered to.
• D) all of the above.

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Definitions:

Retained Profits

Earnings not distributed to shareholders and held back by the company for reinvestment or to pay off debt.

Ultimate Parent

The highest level or top company in a corporate structure, which holds control over all subsidiary companies within the group.

Corporate Groups

A collection of parent and subsidiary companies that function as a single economic entity through a common source of control.