The Set of Activities in Which Managers Engage to Predict

question 39

Multiple Choice

The set of activities in which managers engage to predict the future human resource needs of their organization is known as:

• A) appraisal.
• B) human resource management.
• C) human resource planning.
• D) recruitment.
• E) scenario planning.

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Definitions:

Budget Reports

Budget Reports compare the actual financial operations against the planned or budgeted figures to help in financial planning and control.

Monthly

Pertaining to or calculated on the basis of one month.

Master Budget

A comprehensive financial planning document that consolidates all of a business's budgets and plans for the future, including sales, production, and financial budgets.

Budgetary Control

The use of budgets to control operations.