When an HR Professional Is Evaluated on How Well He

question 35

Multiple Choice

When an HR professional is evaluated on how well he understands organizational metrics and their relationship to business success,he is being evaluated on his competency in

• A)relationship management.
• B)organizational navigation.
• C)business acumen.
• D)business communication.
• E)ethical practice.

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Definitions:

Allowance for Doubtful Accounts

An accounting provision representing the estimate of uncollectable accounts receivable.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Accounts Receivable Turnover

The relationship between net sales and accounts receivable, computed by dividing the net sales by the average net accounts receivable; measures how frequently during the year the accounts receivable are being converted to cash.

Receivable

An amount of money owed to a firm by its customers as a result of the firm extending credit to them.