Which of the Following Identifies What a Comprehensive Audit of Jobs

question 112

Multiple Choice

Which of the following identifies what a comprehensive audit of jobs provides a basis for?

• A)doing human capital accounting
• B)determining the effectiveness and efficiency of the company's human resources
• C)forecasting what jobs will need to be done in the future
• D)analyzing the capabilities of the company's workforce

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Definitions:

Allowance for Doubtful Accounts

An adjusted estimation for the amount of receivables that may not be collectible.

Accounts Receivable

Funds that are due to a company from its clients for products or services delivered but for which payment has not been received.

Net Sales

The total revenue from goods or services sold by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Receivables Turnover Ratio

An accounting measure utilized to quantify a firm's effectiveness in extending credit and collecting debts on that credit.