Elisa, an HR Manager for a Medium-Sized Company, Is Assigned

question 69

True/False

Elisa, an HR manager for a medium-sized company, is assigned to update all job descriptions and job specifications for her company. Elisa will begin by collecting information about each job title, as well as about the kinds of activities and responsibilities that go with each job. After she thoroughly analyzes a job, she will write the job description and job specifications for that job.

---

Definitions:

Stock Repurchase

A stock repurchase is when a company buys back its own shares from the marketplace, often to increase the value of remaining shares.

Payables Turnover Rate

A financial efficiency ratio that measures how quickly a company pays off its suppliers by comparing net credit purchases to average accounts payable.

Cash Cycle

The period between the outlay of cash for the purchase of raw materials and the collection of cash from the sale of products, indicating the efficiency of a company's cash management.

Operating Cycle

The duration between the acquisition of inventory by a company and the collection of payment for the sales of that inventory.