APHR Study Questions/Terms

APHR Study Questions/Terms HR Operations - Answer ️️ -focus on business issues and the human resources functions anticipating and planning for change HR actives cover? - Answer ️️ -everything an organization uses to affect employee behaviors 5 steps in the lawmaking process - Answer ️️ -Draft a Bill, Debate, Voting, Referral to another chamber, and final actions Who can draft a bill? - Answer ️️ -Anyone, only member of congress may introduce it into legislation Once a bill reaches the floor what is determined? - Answer ️️ -procedures ( conditions and time allotted) After the debate the bill is? - Answer ️️ -passed or defeated by voting membership Once a bill is passed, it is? - Answer ️️ -referred to another chamber. The second chamber can? - Answer ️️ -approve, modify or reject a bill After the house and senate accept the bill it is sent to? - Answer ️️ -the president What three actions can the president take on a new bill? - Answer ️️ -1. sign the bill into law 2. vetoes it 3. if no action is taken for ten days while congress is in session, it becomes a law. If congress adjourns its second session and the president takes no action, it is? - Answer ️️ - pocket veto- legislation dies Over ride veto- - Answer ️️ -Over ride president decision, 2/3 vote of members who are present Grass roots - Answer ️️ -active involvement in the legislative process at a hands on level 3 functions of a typical business? - Answer ️️ -Operations, Marketing & Sales, and Finance & Accounting Treasury Duties - Answer ️️ -financing an investing companies money Controller - Answer ️️ -Monitor revenue, income and expenses 4 types of budgets - Answer ️️ -Incremental, formula, operating and captial Incremental Budget - Answer ️️ -looks at prior budget for new funding, looks at each items budget expense to make plan for next period Formula Budget - Answer ️️ -overall cost applied to calculate increases in the next budget, new budget starts at zero; without considering prior expenses Operating Budget - Answer ️️ -focuses on the budget income statement and its supporting components and schedules Capital Budget - Answer ️️ -plan to finance long term fixed assets such as facilities and equipment Straight line depreciation method - Answer ️️ -expense is assumed to be incurred in equal amounts over life of asset accelerated depreciation method - Answer ️️ -expense is assumed to be incu