Which of the Following Statements Is True of the Functions

question 92

Multiple Choice

Which of the following statements is true of the functions of human resource management?

• A) It is a clerical operation in large companies concerned with payroll and employee records.
• B) It refers to a department that looks into the legal ramifications of policies and procedures that affect only the employees in an organization.
• C) It is a function concerned with costs, planning, and the implications of various strategies for organizations.
• D) It refers to a design of formal systems in an organization to manage human talent for accomplishing organizational goals.

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Definitions:

Credit Period

The duration of time that a buyer is given by a seller to pay for goods or services received.

Sales Tax

A tax levied by governments on the sale of goods and services, collected by the retailer at the point of purchase.

General Journal Entries

The records of financial transactions in the general journal, noting debits and credits along with a description of each transaction.

Terms of Sale

The conditions under which a seller will complete a sale, typically detailing payment terms, delivery times, and warranties.