Shared Service Centers Typically Handle Tasks Associated with Benefits and Pension

question 30

True/False

Shared service centers typically handle tasks associated with benefits and pension administration,payroll,and relocation assistance,but succession planning and global training activities remain the responsibility of the firm's HR department.

---

Definitions:

Liability

A legal responsibility or obligation, which can be civil or financial in nature.

Reasonable-Person Standard

A legal criterion used to determine how an average person with ordinary prudence would act in certain situations.

Objective

A goal or target that is intended to be achieved.

Business Invitees

Individuals who enter a property for a purpose directly connected with the business interests of the property owner.