Which of the Following Components of the HRM System Serves

question 4

Multiple Choice

Which of the following components of the HRM system serves a developmental purpose by providing employees valuable information about their strengths and weaknesses?

• A) Recruitment and selection
• B) Labor relations
• C) Performance appraisal and feedback
• D) Pay and benefits
• E) Training and development

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Definitions:

Adjusting Entries

These are journal entries made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Expense Account

An account used to track expenditures or costs incurred by a business or an individual for operational purposes.

Asset Account

An account that tracks resources owned or controlled by a business or individual which have economic value.

Unearned Items

Income received for goods not yet delivered or services not yet provided, considered a liability until the goods or services are delivered.