Function of human resources management

Q: Identify and explain the components of management compensation and the trade-offsthat compensation…

A: Employment:   Under the contract of an employment, one party works for another party in exchange for…

Q: What are unit-level, batch-level, product-level, customer-level, and organization-sustaining…

A: ABC method: ABC method is activity based cost accounting. It's the new method of accounting where…

Q: Identify the following users as either an internal (I) or an external (E) user. Human resources…

A: “As only one item is given in the question, it is assumed this particular answer is asked by the…

Q: The entire sequence of activities that ad O A. the value chain O B. the planning process OC.…

A: The correct answer is  A. the value chain

Q: how do management control systems contribute to i) Cost Management i) Planning and Control iI)…

A: A management Control system may be defined as an oraganizational framework under which an…

Q: describe the connection between the management process planning, feedback, controlling

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Q: What are the goals of a performance evaluation system?

A: Performance Evaluation System: Performance evaluation system is a system used to examine…

Q: Management Accounting areas which are normally related to the accounting and finance functions may…

A: Management Accounting areas include: Financial strategy Cost management Project management Internal…

Q: Describe the relationship between capacity planning and location and their importance nto the…

A: Capacity planning and location decisions are critical to the organization's effective and smooth…

Q: Cost centres is a. Amounts of expenditure attributable to various activities b. Units of product or…

A: cost centre is a department within a business to which costs can be allocated..... Cost centre is…

Q: management’s philosophy and operating cycle ________

A: Internal controls are the instruments, rules, and techniques carried out by an organization to…

Q: Some of the things that are the responsibility of the operational sector are capacity planning.…

A: Capacity planning refers to a process for determining whether the production resources like…

Q: Identify activities that consume resources.

A: Activity-based costing also known as ABC is a costing method that assigns indirect cost to…

Q: Describe about the Enterprise Resource Planning. What are its objectives?

A: Enterprise Resource Planning:   It refers to a framework within an organization where the management…

Q: management consider in determining the amount of onvestment in ma

A:

Q: The area of management concerned with designing and overseeing the process of production is which of…

A: Operations management is the management of operational processes inside a company to make the…

Q: relevant costing

A: [Note: Since you have posted a multi-part question, we will solve the first three parts for you. For…

Q: Developing). Manage personnel costs on th

A: From Service Department Cost Allocation - Direct Method Service Department Operating Departments…

Q: Describe management's discussion and analysis.

A: Management's discussion and analysis: Management discussion and analysis is the portion of company…

Q: of Quality Function Deployment.

A: Given: To evaluate an example of QFD as,

Q: Define the term total quality management.

A: Managerial accounting: Managerial accounting is the process of identifying, measuring, analyzing,…

Q: importance of setting standards for delivery of service

A: About Service :  A service is intangible product based transaction. Quality, efficiency and…

Q: FOH Cost Service provided to: Service Department Production Department

A:

Q: activity-based costing system.

A: Activity-based costing system is a cost accounting system in which overheads are grouped into cost…

Q: organization to achieve the project objectives. The role of a project manager is distinct from a…

A: Since we answer one question, we will answer the first question. Please resubmit the question.…

Q: Distinguish between cost accounting and managerial accounting.

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Q: need distrebution the cost of service centers to the production center.

A: Overhead is the cost that is directly involved in the production process of the company. It is…

Q: Define standard costs and briefly indicate how they may beused by management in planning and…

A: Standard costs: Standard costs are the per-unit cost that is expected to be incurred under normal…

Q: the uses of cost information in decision making to managers

A: Cost: It is a value related to the product that determines its purchasing value. A cost, in general,…

Q: Based on the assignment and what you know about management accounting, what do you believe is the…

A: Management accounting :             The branch of accounting which facilitates the information from…

Q: What types of management reports are prepared by the cost accounting system?

A: Definition: Cost accounting systems: It is a system which measures, record, and reports the product…

Q: Give example of the relationship between a Human Resource Information System and MIS.

A: Human Resource Information System (HRIS) refers to the system of collecting, recording, classifying,…

Q: process productivity

A: Process productivity is the number of units produced per processing time. Process productivity =…

Q: Distinguish between managerial and financial accounting on: Users and decision makers Purpose of…

A: ⇔Managerial Accounting  Managerial accounting is a branch of accounting that focuses on discovering,…

Q: Define agency cost or problem

A: Agency problem is that problem which is a conflict of interest in a relationship where one side…

Q: Give examples of external forces that may affect human resources. Explain them briefly.

A: External forces that affect company human resources are the factors environment which are outside…

Q: Define service sector.

A: Service Sector: The service sector produces intangible goods, more precisely services instead of…

Q: Explain how the formalization of tasks promotes internal control.

A: Internal Control: Internal control involves the norms and standards followed by a company to…

Q: What is the purpose of quality management systems?

A: Quality management system is a process that a business should adopt to manage information. This is a…

Q: onal structure. sting.

A: To given the correct option as,

Q: Service marketing

A: Service marketing: Service marketing is defined as the application of a various combinations of…

Q: Discuss management responsibilities.

A:

Q: At what level of management is the long-range planning function most important? a. at top management…

A: Long range planning means financial and other plans being made in the business for substantially…