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3 years ago

HR Professional Ethics

Business

1 answer:

zmey [24]3 years ago

5 0

Answer:

The communication and education strategies Will be my guidelines in achieving my goals

Explanation:

With the right knowledge of effective communication, in the areas of individual and group communication respectively, I will be able to effectively harness proposes plans and goals that awaits me as a HR professional. Secondly, with a sound understanding of educational tools which are inevitable in Management - Subordinate relationship, I will also be able to channel my focus to various results oriented trainings for various categories of workers.

Three Ethical challenges HR encounters

1. communication gap: This is the most difficult issues a HR can encounter. Some employer relegate the role if an HR to a mere admin manager, neglecting the fact that every employee wishes to be involved in the basic operations of the organisation. With a clear communication policy, such can be managed.

2. Gender differences: Some men teds to be bullies to their female counterpart at same level. A professional HR will always have a policy on discrimination.

3. Compensation and rewards: getting the approval and consent of other management team can be dicing as a HR professional. Organizing an award and recognition program can manage most if these challenges.

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Differentiate between cash-basis accounting and accrual-basis accounting. Why is accrual-basis accounting the preferred method f

Umnica [9.8K]

Answer:

Reason : To ensure constant flow of cash

Explanation:

Accrual Basis of accounting records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.

This is different from cash-basis accounting which records transactions at the receipt or payment of cash.

Because of timing difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).

Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.

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3 years ago

Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.

harina [27]

Answer:

Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.

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3 years ago

The amount of materials to be purchased during the budget period is equal to budgeted: A. total production needs plus units in t

oee [108]

Answer:

. B). total production needs plus units in the ending materials inventory minus the units in the beginning materials inventory.

Explanation:

The budget period can be regarded as

period of time whereby one has the authority to spend the awarded funds in a way that meet the matching as well as the cost-sharing requirement. It should be noted that the amount of materials to be purchased during the budget period is equal to budgeted total production needs plus units in the ending materials inventory minus the units in the beginning materials inventory.

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3 years ago

Imagine you inherited $50,000, and you want to invest it to meet two financial goals: (a) to save for your wedding you plan to h

AleksAgata [21]

Answer:

Solution and Explanation:

Evaluation for investment decisions

Investing for Wedding
Investing for Retirement

CD – 24 months .

Energy sector mutual fund

General electric bond – 18 months
Johnson & Johnson stock

Money market shares
General electric bond – 2.5 years

Saving account
Dow ETF

Short term junk Bonds
Treasury Note – 60 months

CD – 24 months= Maturity period has met the criteria for short term goal and money used for their wedding

General electric bond – 18 months=Bonds are generally Long term or short term depends upon the maturity period for this bond has only 18 months maturity period

Money market shares = This instrument is readily converted into cash at any point in time

Saving account = No obligation of any maturity period saving account is personal account

Short term junk Bonds = Short term junk bonds are for a short period of time

Energy sector mutual fund = This sector mutual fund has long term maturity period and thereafter returns in the long term

Johnson & Johnson stock = It is considered as a dividend growth stock and investor invest for high growth on the market value of the share price

General electric bond – 2.5 years = This instrument has a long term maturity period

Dow ETF ETF is retained for capital gains in the near future period but their gestation period is high

Treasury Note – 60 months = Investment for 60 months which is not suited for short term goal of investor

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4 years ago

Elena works in the audit department of a practice as an audit administrator. She assists the audit teams by recording and proces

EleoNora [17]

Explanation:

I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner

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