Which of the Following Is True About the Product Line

question 6

Multiple Choice

Which of the following is true about the product line administrative services and transactions?

• A)It deals with implementation of business plans and talent management.
• B)It emphasizes knowing the business and exercising influence.
• C)It emphasizes the knowledge of HR and of the business and competition.
• D)It contributes to the business strategy based on considerations of business capabilities.
• E)It deals with functions such as compensation,hiring,and staffing.

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Definitions:

Variance

The difference between planned or expected results and actual results in financial and operational metrics.

Budgeting

The process of creating a plan to spend your money, creating an estimate of revenues and expenses over a specified period.

Revenue and Spending Variances

The difference between projected and actual figures for income and expenditures, used to manage and adjust financial planning.

Equipment Depreciation

The process of allocating the cost of tangible assets over their useful lives, representing wear and tear on equipment.