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Technology has made it possible for the transaction type of HR activities to be managed through in-sourcing and outsourcing, so now HR professionals must focus on the _______ of HR processes and managing HR projects across organizational and ____________ boundaries.
Expensed
The act of charging a cost as an expense in the income statement in the period it is incurred.
Capitalized
Expenditures or costs that are added to the cost basis of a fixed asset on a company's balance sheet, rather than being expensed immediately.
Goodwill
An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net identifiable assets.
Acquisition
An acquisition involves one company purchasing another company or its assets, often to expand its operations or enter new markets.
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