Suppose you are an HR manager who is conducting orientation for a group of new hires in the accounting department. All of the new hires will be working with accounts receivable. When the orientation is complete, which three pieces of information should all of the new hires have?

What will be an ideal response?


Following orientation, new employees should emerge with information about three key areas:

1. The job routine: At minimum, the new employee needs to have learned what is required in the job for which he or she was hired, how the work will be evaluated, and who the immediate coworkers and managers are.

2. The organization's mission and operations: Certainly all managers need to know what the organization is about—its purpose, products or services, operations, and history. Even low-level employees perform better if they have this knowledge.

3. The organization's work rules and employee benefits: This information may include formalized work rules, overtime requirements, grievance procedures, and employee benefits. There are also matters of law (such as those pertaining to sexual harassment) affecting work operations that every employee should be made aware of.

Business

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When developing a communication for those who may not be comfortable with your language, what could make the communication easier to understand for the receiver?

A) Industry jargon B) Words with several meanings C) Long paragraphs D) Limited transitions E) Short, plain words

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The accounting life of intangible assets is determined by

a. their legal lives. b. their useful lives. c. their legal lives or useful lives, whichever is shorter. d. the tax life mandated by the IRS.

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The type of audit evidence known as inquiry does not ordinarily provide sufficient audit evidence of the absence of a material misstatement, nor is it alone sufficient to test the operating effectiveness of controls

a. True b. False Indicate whether the statement is true or false

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The receivable turnover and inventory turnover ratios are used to analyze

a. leverage. b. long-term solvency. c. profitability. d. liquidity.

Business