In the Context of Human Resource Management, Human Capital Refers

question 105

Multiple Choice

In the context of human resource management, human capital refers to the

• A) wages, benefits, and other costs incurred in support of HR functions in an organization.
• B) cash, equipment, technology, and facilities that an organization uses.
• C) tax-deferred value of an employee's 401(k) plan.
• D) organization's employees, which add economic value to the company.
• E) total budget allocated to the HR department in an organization.

---

Definitions:

Spot Rate

The existing market cost at which a specific asset is available for purchase or sale for instant delivery.

Forward Rate

The exchange rate specified in a forward exchange contract.

Premium

An amount paid for an insurance policy or an amount paid above the face value of a bond.

Cash Flow Hedge

A hedge of the exposure to the variability in cash flows that is attributable to a particular risk that is associated with all, or some component of, a recognized asset or liability or a highly probable forecast transaction and could affect profit or loss.