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madreJ [45]
3 years ago
14

HRM Practices Human resources management is critical to the success of organizations as human capital becomes an important sourc

e for competitive advantage. With the changing role of the HR professional to a strategic partner, the Society of Human Resources has defined the sets of knowledge and skills associated with success. Today is it not enough for an HR professional to know only how to perform tasks specific to human resources management. HR professionals must be proficient in the nine categories of HR success competencies clustered into four areas: technical, interpersonal, business, and leadership. Read the description of the human resources activity performed by each HR professional then match it to the appropriate
Society of Human Resources Management (SHRM)

success competency

Human Resource Expertise

Expatriates

Relationship Management

Coaching

Consultation

HR Laws

Leadership and Navigation

Building Rapport
Business
1 answer:
NemiM [27]3 years ago
6 0

Answer:

Explanation:

Expatriates - Consultation

Coaching - Leadership and Navigation

HR laws – Human Resource Expertise

Building Rapport – Relationship Management

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Tyler Financial Services performs bookkeeping and tax-reporting services to startup companies in the Oconomowoc area. On January
Rainbow [258]

Answer:

Tyler Financial Services

1. Journal Entries:

January 1, 2014:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2014:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

January 1, 2015:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2015:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

2. Journal Entries:

January 1, 2016:

Debit Cash $30,400

Unearned Service Revenue $30,400

To record cash collected for unearned services.

December 31, 2016:

Debit Unearned Service Revenue $9,800

Credit Service Revenue $9,800

To record the earned service revenue for the year.

Explanation:

a) Data and Calculations:

Annual contract fee = $10,500 in 2014 and 2015

Modified contract fee =  $9,800 in 2016

Additional fee from year 3 = $20,600 for 3 more years ($6,867 each year) from 2017 to 2019

b) Cash received ($30,400) on January 1, 2016 includes the $9,800 for 2016 and the $20,600 for the years 2017 to 2019.

8 0
2 years ago
What is the shape of MP curve?
Serga [27]
EXPLANATION: The MP curve is one of three related curves used in the analysis of the short-run production so basically the marginal product (MP) curve plays in key role in the economic analysis of short-run production by firm

Answer: MP curve looks like a reverse U shaped curve or are invertedly U-shaped
8 0
3 years ago
The balance sheet items of Kiner company as of December 31, current year, follow in random order
liberstina [14]
Retained Earnings = $86,000

Accounting Equation…Assets= Liabilities + Owners Equity

Assets (Cash, acct rec, equipment, building, land) = $421,000

Liabilities (Notes payable, accounts payable)= $260,000

Equity (capital stock) = $75,000

Liabilities + Equity= $335,000

Retained Earnings flows into equity

$421,000-$335,000= $86,000

$335,000+86,000= $421,000

So the equation balances.
6 0
3 years ago
For many years you have been using your local, small-town bank. One day you hear that the bank is about to be purchased by Bank
kari74 [83]

Answer:

If I was banking with my local town bank and it happens that Bank of Africa purchases it, there are cost and benefits associated with the merge. First, Bank of America is global, meaning that I will be able to access the Services such as ATM services at different points. Second, due to its area of coverage, the services are cheaper compared to the ones I got when it was in my local town. However, due to the monopoly of the bank, they might increase the charges making them more expensive than when the services in the local village. Additionally, it will be a challenge for average customers, such as farmers, to access big banks unless faithful people accompany them.

Explanation:

7 0
3 years ago
Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $125,000 in year 1 and incre
Inessa05 [86]

Answer:

The equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually is $127,432

Explanation:

In order to calculate the equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually we would have to calculate the following formula:

equivalent uniform annual worth of the maintenance costs= P(i(1+i)∧n/(1+i)∧n-1

The rate of interest i would be as follows:

rate of interest i=(1+10%/2)-1

rate of interest i=0.1025*100

rate of interest i=10.25%

The present value P would be calculated as follows:

present value P=$125,000(1-(1+1/100)∧5 (1+10.25/100)∧-5/(10.25/100-1/100)

present value P=$125,000*3.84

present value P=$480,000

Therefore,

equivalent uniform annual worth of the maintenance costs=$480,000*(10.25/100 (1+10.25/100)∧5/(1+10.25/100)∧5-1)

equivalent uniform annual worth of the maintenance costs=$480,000*0.2654

equivalent uniform annual worth of the maintenance costs=$127,432

The equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually is $127,432

5 0
3 years ago
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