Which of the Following HRM Activities Adds the Lowest Strategic

question 32

Multiple Choice

Which of the following HRM activities adds the lowest strategic value to a firm?

• A)Benefits administration
• B)Performance management
• C)Training and recruitment
• D)Knowledge management
• E)Management development

Apply the direct method to various cases to determine cash inflows and outflows.

Learn how to calculate the cash flow on total assets ratio.

Preparation of a complete statement of cash flows using the direct method.

Understand the distinction between noncash financing and investing activities.

---

Definitions:

Direct Materials

Basic substances that can be directly linked to the manufacturing of particular products or services.

Conversion Costs

Conversion Costs are manufacturing expenses related to turning raw materials into finished products, typically including labor and overhead costs.

Transferred-In Costs

Costs accumulated from a previous process or department that are carried into the cost of goods in the next phase of production.

Average Cost Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the weighted average cost of all items available for sale during the period.