Forecasting May Be as Informal as Having One Person Familiar

question 31

True/False

Forecasting may be as informal as having one person familiar with the organization anticipate HR needs.

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Definitions:

Corporate Veil

A legal concept that separates the personal liability of company owners, shareholders, and officers from that of the corporation itself.

Commingled

Mixed together without any clear separation, especially referring to funds or assets.

Retained Earnings

Profits that a corporation keeps.

Reinvestment

The process of using the proceeds from an investment to purchase additional assets or securities in order to potentially increase wealth.