Describe in Detail the Six Activities That Make Up the Basis

question 5

Essay

Describe in detail the six activities that make up the basis of a typical accounting system.

---

Definitions:

Traditional Management Practices

Conventional or classical methods and strategies used in the organization, planning, and controlling of an organization's resources and activities.

Recruitment Drive

An intensive effort or campaign by an organization to attract and hire new employees.

HR Audit

A comprehensive evaluation of an organization’s Human Resources policies, practices, procedures, and strategies to protect the company, ensure regulatory compliance, and improve the overall workforce performance.

Employee Appraisal

A systematic evaluation of an employee's performance and productivity, typically for feedback or development purposes.