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erastova [34]
3 years ago
11

Discuss why it is important for human resource management systems to be in sync with an organization’s strategy and goals and wi

th each other.
Business
1 answer:
Ann [662]3 years ago
3 0

Answer:

As in all segments of business (marketing, finance, R&D, logistics), it is crucial to adopt the normative information systems in HR.

First of all, HRM systems were created to make HRM easier in general. After the implementation of HRMS, it took HR managers less time to do the usual HR work: payrolls, absence, general administration, hiring management...

Above all, the key takeaway after the implementation of HRMS is the new functionality of generating important reports used for improved analytics. This way, businesses can closely monitor the tendencies and behavior patterns in HR, such as fluctuation rate, absence rate, number of new employees, financial HR ratios...

These metrics are crucial when having an organization strategy that has a conceptual relation to HR. Nowadays, most strategies are related to attracting specific talent pools that are the critical resource for the organization's long-term productivity. On the other hand, key productivity indicators are tightly related to employee satisfaction. All of the named concepts can be easily tracked with HRMS, given that the KPI's analyzed in the system are relevant to the company's strategy.

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True or false?An employee overstates his reimbursable expenses in one period in order to receive needed additional cash. Since h
Yanka [14]

Answer:

False

Explanation:

Employee overstating the reimbursable expenses is a fraudulent activity in itself. There's no point in expecting to reducing expenses in the next period for compensating this year's overstating.

7 0
4 years ago
The following transactions were completed by the company.
myrzilka [38]

Answer:

there is not enough room here, so I used an excel spreadsheet.

Explanation:

Download pdf
3 0
4 years ago
The following data pertain to an investment proposal (Ignore income taxes.): Cost of the investment $ 64,000 Annual cost savings
Ratling [72]

Answer:

$9,201.6

Explanation:

Calculation for The net present value of the proposed investment is closest to:

Using this formula

Net Present value = (Annual cost saving * PVAF) + (Salvage value * PVIF) - Cost of investment

Let plug in the formula

PVAF (10%,5 years) = 3.7908

PVIF (10%, 5 years) = 0.6209

Net Present value = ($18,000 * 3.7908) + ($8000 * 0.6209) - $64000

Net Present value = $68,234.4+$4,967.2-$64,000

Net Present value = $9,201.6

Therefore The net present value of the proposed investment is closest to:$9,201.6

3 0
3 years ago
Causwell Company began 2021 with 10,000 units of inventory on hand. The cost of each unit was $5.00. During 2021, an additional
lidiya [134]

Answer: 1. $110000.

2. $120000

Explanation:

First, we calculate the sold units which will be:

= Opening inventory + Purchase - Ending inventory

= 10000 + 30000 - 20000.

= 20000

Then, the cost of stock per unit will be:

= $115000/20000

= $5.75

The total cost of the total stock available will be:

= 40000 × $5.75

= $230,000

Cost of purchase stock will be:

= Total cost of stock - Cost of beginning inventory

= $230000 - $50000

= $180000

Then, cos per unit of purchased stock will be:

= $180000 / 30000

= $6

1 Determine the cost of goods sold for 2021 using the FIFO method.

Cost from begining inventory = 10000 × 5 = 50000

Add: Cost from purchase inventory = 10000 × 6 = 60000

Cost of goods sold under FIFO = 110000

2. Determine the cost of goods sold for 2021 using the LIFO method.

This will be:

= 20000 × 6

= 120000

5 0
3 years ago
1) Show the effect of the following transactions on the Accounting Equation:
Dennis_Churaev [7]

Answer:

Assets=48,000

Liabilities=47,700

Capital=300

More explanations is as attached.

Explanation:

The accounting equation can be expressed as shown;

A=L+C

where;

A=assets

L=liabilities

C=capital

This is then written as;

Assets=liabilities+capital

More explanations is as attached.

Download xlsx
6 0
3 years ago
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