Because They Deal Mainly with "People Issues" Rather Than Production

question 83

True/False

Because they deal mainly with "people issues" rather than production or marketing issues, human resource managers must be experts in areas such as employment law, pay structure, and employee motivation, but they don't really need a strong understanding of their firm's goals, customers, and competition.

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Definitions:

Capital Lease

A lease considered a purchase of an asset for accounting purposes, where the lessee acquires all risks and rewards associated with ownership.

Operating Lease

A leasing agreement allowing the use of an asset without ownership, typically involving payments for a shorter period than the asset's useful life.

Debt Ratios

Financial metrics that measure the proportion of a company's debt to its assets or equity, indicating the financial leverage and risk.

CCA Recapture

Capital Cost Allowance Recapture, a tax mechanism in Canada that occurs when the sale price of a depreciable asset exceeds its undepreciated capital cost or book value.