The Reason That HR Forecasting Combines Statistical Analysis and Expert

question 134

Multiple Choice

The reason that HR forecasting combines statistical analysis and expert judgments is because:

• A) Workers are more motivated by expertise.
• B) Expert judgments are always more reliable than historical statistics.
• C) Industry and economic conditions change over time.
• D) Statistical methods fail to account for historical trends.
• E) External trends cannot be studied using historical data.

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Definitions:

Currency

The system of money in general use in a particular country.

NSF Check

A check that cannot be processed because the drawer's account does not have sufficient funds, standing for Non-Sufficient Funds.

Deposit In Transit

Funds that have been deposited by a company but not yet credited to its bank account.

Ledger

A comprehensive collection of a company's financial accounts.