Which of the Following Activities Is Part of the Assessment

question 39

Multiple Choice

Which of the following activities is part of the assessment and development of the human resources dimension of HRM practices?

• A)Training employees to have the skills needed to perform their jobs
• B)Identifying human resource requirements
• C)Ensuring that HRM practices comply with federal,state,and local laws
• D)Creating an employment relationship and a work environment that benefit the company
• E)Creating pay systems as well as providing employees with benefits

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Definitions:

Average Costing

A method of inventory valuation where all goods are assigned the average cost of all similar goods available during the period.

FIFO

An inventory valuation method standing for “First-In, First-Out,” where the cost of the oldest inventory items are the first to be expensed.

Cost Of Production Report

A document that summarizes the production and cost activity within a manufacturing department over a specific period.

Finished Goods

Products that have completed the manufacturing process and are ready for sale.