Which of the Following Activities Is Part of the Assessment

question 10

Multiple Choice

Which of the following activities is part of the assessment and development of human resources dimension of HRM practices?

• A)Training employees to have the skills needed to perform their jobs
• B)Identifying human resource requirements
• C)Ensuring that HRM practices comply with federal, state, and local laws
• D)Creating an employment relationship and work environment that benefits the company
• E)Creating pay systems as well as providing employees with benefits

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Definitions:

Segmented Income Statement

A financial statement that breaks down revenue, expenses, and profits by specific segments, departments, or products within a company.

Contribution Format

A method of income statement presentation where all variable costs are subtracted from sales to find the contribution margin, followed by the deduction of fixed costs to determine net operating income.

Traceable Fixed Expenses

Fixed costs directly associated with a specific department or product, which would disappear if the department or product were eliminated.

Break-even

The point at which total revenues equal total costs, resulting in no net loss or gain.