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HR Is Focused on Issues Directly Related to a Person's

question 386

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HR is focused on issues directly related to a person's job and with things that happen at work,as opposed to concerns that may affect one's work such as elder care and child care,but are not directly related to work.
HR is very involved with issues that affect employees whether they are directly work related or whether they are outside of one's work area but affect the ability for employees to work effectively and productively.

Recognize the accounting treatment for research costs and internally generated intangible assets.
Understand the methods and rationale behind disposing of property, plant, and equipment.
Recognize the accounting treatment and conditions for impairment losses and their reversibility.
Grasp the accounting procedure for changes in depreciation estimate and its impact on financial statements.

Definitions:

Fraud

An intentional deception that causes harm to another.

Material Omission

The failure to disclose important information intentionally or unintentionally, which if known, could influence the decision-making of a party relying on the information.

Securities Transaction

The process of buying, selling, or trading securities, such as stocks or bonds, in financial markets.

Registration Statement

A set of documents, including a prospectus, filed with the Securities and Exchange Commission for a company intending to issue new securities to the public.

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