The Use of HR Analytics Involves Measuring a Program's Success

question 94

Multiple Choice

The use of HR analytics involves measuring a program's success in terms of whether it

• A) adopted a pro-innovation approach.
• B) was perceived as effective by external stakeholders.
• C) sustained the status quo.
• D) delivered value in an economic sense.
• E) enjoyed the support of trade unions.

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that can be easily converted into a known amount of cash with minimal risk of changes in value.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those shown on a bank statement to ensure consistency.

Reconciling Information

The process of verifying the accuracy and consistency of two sets of records, identifying and explaining discrepancies to ensure financial records match.

Cash Balance

The amount of money a company has in its cash accounts, including currency, coins, and balances in checking and savings accounts, at a given point in time.