All of the Following Are Questions Relevant to Human Resource

question 101

Multiple Choice

All of the following are questions relevant to human resource planning EXCEPT:

• A) "What is the current turnover rate?"
• B) "What is the volume of business expected to be over the next five years?"
• C) "What was the volume of business over the past five years?"
• D) "How will new technology affect the organization?"
• E) All of these are relevant questions for human resource planning.

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Definitions:

Annual Profit

Annual profit refers to the total profit a business earns over the course of a fiscal year, accounting for all revenues minus expenses during that period.

Variable Costs

Costs that vary directly with the level of production or service activity, such as materials and labor.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and loan payments.

Total Cost

The sum of all expenses incurred by a firm in producing goods or services, including both fixed and variable costs.