Because Many HRM / Payroll Master Databases Typically Contain Only

question 57

Multiple Choice

Because many HRM / payroll master databases typically contain only descriptive information (such as which employees possess which skills) ,many firms have deployed ________ to more effectively leverage employees knowledge and skills.

• A) relational databases
• B) knowledge management systems
• C) Resources, Events, and Agents (REA) databases
• D) cardinality systems

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Definitions:

Total Variable Cost

The sum of all costs that vary with output level, including costs of labor, materials, and other inputs that change with the level of production.

Average Variable Cost

The variable cost per unit of output, computed by dividing total variable costs by the quantity of output produced.

Total Fixed Costs

The overall total of expenditures that remain steady, unaffected by how much is produced or outputted.

Average Fixed Costs

The constant production costs (unaffected by changes in output) divided by the production volume.