The audit approach to evaluating the effectiveness of HR practices focuses on
A. reviewing the various outcomes of the HR functional area.
B. estimating the costs and benefits resulting from an HR practice.
C. determining the dollar value of a program.
D. using utility analysis to estimate the financial impact of employee behavior.
E. using analytical data to increase organizational effectiveness.
Answer: A
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The ________ studies showed that there is a dynamic social system in the workplace
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Sports Fit Company sponsors the "$100,000 Game" in which contestants compete in ten separate athletic events over a period of weeks. Sports Fit announces that the winner of each event will be awarded $5,000 with the "Ultimate Champion"?the winner of the most events?awarded $50,000 . If the "$100,000 Game" is treated as a unilateral contract, Sports Fit can
a. cancel the contest or alter its terms at any time. b. not modify the terms of the contest after it begins. c. reduce the amount of the event prizes but not the grand prize. d. reduce the amount of the grand prize but not the event prizes.
The constant-ratio plan
A) requires the establishment of trigger points for portfolio rebalancing. B) utilizes a predetermined ratio between desired current yield and expected capital gains. C) strictly adheres to a buy-and-hold strategy. D) is an attempt to time the cyclical movements of the market.
Mavis, CPA, has audited the financial statements of South Bay Sales Incorporated for several years and had always been paid promptly for services rendered. Last year's audit invoices have not been paid because South Bay is experiencing cash flow difficulties and the current year's audit is scheduled to commence in one week. With respect to the past due audit fees, Mavis should
A. Perform the scheduled audit and allow South Bay to pay when the cash flow difficulties are alleviated. B. Perform the scheduled audit only after arranging a definite payment schedule and securing notes signed by South Bay. C. Inform South Bay's management that the past due audit fees are considered an impairment of auditor independence. D. Inform South Bay's management that the past due audit fees may be considered a loan on which interest must be imputed for financial statement purposes.