The Recent Trend in HRM That Is Consistent with the Total

question 77

Multiple Choice

The recent trend in HRM that is consistent with the total quality management philosophy emphasizes:

• A)efficiency in delivering programs.
• B)cost reduction of HR functions.
• C)functional approaches in delivering HR programs.
• D)a customer-oriented approach in delivering HR programs.
• E)spending more time in performing transformational activities.

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Definitions:

Agreed-upon Transaction

A financial or trade transaction that has been confirmed and accepted by the involved parties.

Revenue Recognition

The accounting principle that dictates the specific conditions under which revenue is recognized and reported on the financial statements.

Percentage-of-Completion Method

An accounting method used to recognize revenues and expenses of long-term projects proportionately with the degree of completion.

IFRS

A collection of accounting standards known as International Financial Reporting Standards, developed by the International Accounting Standards Board, which directs the global preparation of financial statements.