Recruitment and Applicant Tracking Is a Subsystem in an HRIS

question 27

True/False

Recruitment and applicant tracking is a subsystem in an HRIS which enables an organization to program rules into the system such as unused vacation can accumulate.

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Definitions:

Royal Bank

Typically refers to a bank that has been granted a royal charter, recognizing it as a privileged financial institution.

Equitable Assignment

An equitable assignment is the assignment or transfer of rights or interests in a property or contract to another party, recognized by equity and not necessarily by law.

Privity of Contract

A principle stating that only the parties involved in the contract have the rights and obligations under that contract.

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original contract and creating a new agreement.