The Met?rics That Focus on How Well the HR Department

question 34

Multiple Choice

The met?rics that focus on how well the HR department accomplishes its critical processes to support organizational effectiveness are:

• A)Strategic realignment
• B)Predictive analysis
• C)computing infrastructures
• D)administrative process efficiency

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Definitions:

Activity Rate

A ratio used to allocate costs to products or services based on the activities that are required to produce them.

Cost Pool

A grouping of individual costs in accounting, typically by department or service center, from which costs are allocated to products or services based on a relevant allocation base.

Overhead Costs

Expenses associated with the day-to-day running of a business that are not directly linked to the production or selling of goods and services.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and considered a part of the product’s cost.