A Human Resources Information System Helps Managers Make Effective Decisions

question 59

Multiple Choice

A human resources information system helps managers make effective decisions by ________.

• A)providing detailed information about tax liabilities
• B)automatically updating employee records and data
• C)regularly generating standardized, summarized reports
• D)providing data about a firm's customer orders and returns

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Definitions:

Ordinary Annuity

A series of equal payments made at equal intervals over a period of time, with the first payment occurring at the end of the period.

Present Value

The existing value of a future sum or cash flow sequence, assessed with a certain rate of return.

Compounded Annually

An interest calculation method where interest is added to the principal sum at the end of each year, affecting future interest calculations.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.