Examlex
What is an HRM audit?
Present Value
The existing value of a forthcoming sum of money or cash flow sequence, adjusted for a specific return rate.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Great Recession
The severe global economic downturn that took place from late 2007 through early 2009, marked by significant declines in consumer wealth, financial markets, and economic activity worldwide.
Profits
The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
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