Which of the Following Is the First Phase of Human

question 10

Multiple Choice

Which of the following is the first phase of human resource planning?

• A)Develop an approach to recruit and select people to fill vacant and anticipated positions
• B)Estimate the company's future human resource needs
• C)Take an inventory of the company's current human resources
• D)Promote employees to positions of greater responsibility

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Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Expense

is an outflow of cash or other valuable assets from a person or company to another entity, representing the cost of operations or services rendered.

Debit Columns

Sections in financial statements where increases in assets or expenses or decreases in liabilities, equity, or income are recorded.

Credit Columns

Sections in accounting ledgers or financial statements that record amounts which reduce the balance of an account.