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The Largest Asset Category on the Balance Sheet of U

question 20

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The largest asset category on the balance sheet of U.S. life insurance companies as of 2012 was


Definitions:

Human Resource Planning

The ongoing process of systematically planning ahead to optimize and meet the future human resource needs of an organization, in alignment with its strategic goals.

Recruitment

Recruitment is the process of identifying, attracting, interviewing, selecting, and hiring employees to fill job vacancies within an organization.

Selection

The process of choosing individuals to hire from a pool of qualified job applicants.

Human Capital

The collective skills, knowledge, and abilities of an organization's workforce, which can be leveraged to achieve its goals.

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