HRIS Has Several Components Called Subsystems

question 9

Multiple Choice

HRIS has several components called subsystems. Which of the following is a subsystem of HRIS?

• A) Time and attendance
• B) Work schedule administration
• C) Government relations
• D) Salary evaluation
• E) Ethics and culture

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Definitions:

Priority in Time

A legal principle that grants precedence to rights or claims established earlier in time over those established later.

Securitization

The process of converting assets, usually illiquid ones, into marketable securities, thereby enhancing liquidity and often reducing risk.

Mortgages

A legal agreement by which a bank or creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Bonds

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, which includes terms for variable or fixed interest payments and the return of the original investment at maturity.