The Human Relations Movement Highlighted

question 52

Multiple Choice

The Human Relations movement highlighted:

• A)The need for more factory schools
• B)The importance of machine efficiency
• C)The importance of well trained managers
• D)The importance of human behavior on the job

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Definitions:

Net Income Determination

The process of calculating the net income of a business by subtracting total expenses from total revenues.

Accrual Accounting

A financial reporting strategy that recognizes income and expenditures at the time they are earned or incurred, without regard to the actual movement of cash.

Operating Cash

refers to the cash that a business generates from its normal operating activities, crucial for maintaining day-to-day operations.

GAAP

Generally Accepted Accounting Principles, which are a set of rules and standards used for financial reporting in the U.S.