Human Resource Information Systems (HRIS) Are a Process of Accessing

question 98

True/False

Human Resource Information Systems (HRIS) are a process of accessing large amounts of data in order to analyze those data and gain insight into significant trends or patterns within organizations or industries.

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Definitions:

Income Ratio

The Income Ratio is a financial metric used to assess a company's profitability by comparing its income to a particular base, such as revenue or assets.

Capital Balance

The amount of money invested in a business by its owners or shareholders, reflected in the company's balance sheet.

Revenue Accounts

These accounts track the income earned by a company from its sales or services before any deductions are made.

Expense Accounts

Accounts used to track money spent or costs incurred by a business in its operational activities.