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Which of the Following Is a Direct Benefit from the Adoption

question 16

Multiple Choice

Which of the following is a direct benefit from the adoption of NAFTA?​

Realize the impact of global and cultural effectiveness in HR management.
Appreciate the competency of leadership and navigation in shaping HR vision and contributions.
Understand the concept of business acumen and its relevance to HR professionals.
Identify the principal clusters of competencies necessary for success in HRM.

Definitions:

Cash Disbursements

Outflows of cash for expenses, payments to creditors, or investments, usually tracked in a cash disbursements journal in accounting.

Payments

Payments refer to the transfer of money from one party to another, often as compensation for goods or services.

Petty Cash Fund

A small amount of cash kept on hand within a business for minor and immediate expenses.

Internal Control

Initiatives and standards implemented by a firm to assure the correctness of financial and accountancy details, encourage integrity, and obstruct fraudulent activities.

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