The _____ Function Ensures That the Company Has the Right

question 149

Multiple Choice

The _____ function ensures that the company has the right mix of skilled people to perform its value creation activities effectively and it also ensures that people are adequately trained,motivated,and compensated to perform their value creation tasks.

• A)finance
• B)marketing
• C)human resource
• D)logistics

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Definitions:

Balance Sheet

A financial statement that displays the assets, liabilities, and shareholders' equity of a company at a specific point in time, showing the balance of income and expenditure over the preceding period.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period, indicating financial performance.

Date Line

A hypothetical line on the earth's surface, generally following the 180° longitude, where the date changes as one travels east or west across it.

Accounting Cycle

The complete process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation in the financial statements.