One of the Key Functions of Human Resource Management Is

question 302

Multiple Choice

One of the key functions of human resource management is

• A) departmentalizing.
• B) recruiting.
• C) budgeting.
• D) auditing.

---

Definitions:

Traceable Fixed Expense

Costs that can be directly linked to a specific department, product, or segment of a business and do not change with the level of output or sales.

Net Operating Income

A company's revenue minus its operating expenses, not including taxes and interest charges, representing the profit from core business operations.

Price

Refers to the monetary value assigned to a product or service, indicating what a buyer must pay to obtain it.

Target Costing

A cost management strategy whereby a product’s selling price is considered in designing and developing a product, with an intent to manage costs and maintain profitability.