James Is Preparing to Take an HRCI Certification Exam

question 62

Multiple Choice

James is preparing to take an HRCI certification exam.Which of the following subjects is LEAST important for James to study?

• A) strategic management
• B) workforce planning
• C) information technology
• D) risk management

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Definitions:

Non-Value-Added Costs

Expenses that do not contribute to the value or appeal of a product or service from the perspective of the customer.

Schedule Of Activity

A detailed plan that outlines all the tasks, timings, and responsibilities involved in a project or process to ensure successful completion and management.

Costs

Expenses incurred by a business or individual in the production, maintenance, or purchase of goods and services.

Cost Of Goods Sold

The cost of merchandise sold recognized as an expense; the cost of finished goods available for sale minus the ending finished goods inventory.