Which of the Following Statements About Human Resource Planning (HRP)is

question 30

Multiple Choice

Which of the following statements about human resource planning (HRP) is NOT true?

• A)HRP is not strictly a human resource function.
• B)Many managers view HRP as something to do only after everything else has been done.
• C)Line managers should view HRP as one of their most important job responsibilities.
• D)Most managers consider HRP as one of their most important job responsibilities.

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Definitions:

Money Supply

The all-inclusive measure of monetary resources present in an economy at a specific juncture.

Interest Rates

The cost of borrowing money or the return for investing, typically expressed as a percentage of the principal, varying over time based on economic conditions.

Deposit Expansion Multiplier

The ratio that measures the potential increase in total deposits in the banking system generated from an increase in primary deposits.

Excess Reserves

Funds that banks hold over and above the required reserve ratio set by a central banking authority, often for safety or emergency purposes.