Solved
HR Operations Correct Answer-focus on business issues and the human
resources functions anticipating and planning for change
HR actives cover? Correct Answer-everything an organization uses to affect
employee behaviors
5 steps in the lawmaking process Correct Answer-Draft a Bill, Debate, Voting,
Referral to another chamber, and final actions
Who can draft a bill? Correct Answer-Anyone, only member of congress may
introduce it into legislation
One a bill reaches the floor what is determined? Correct Answer-procedures (
conditions and time allotted)
After the debate the bill is? Correct Answer-passed or defeated by voting
membership
Once a bill is passed, it is? Correct Answer-referred to another chamber.
The second chamber can? Correct Answer-approve, modify or reject a bill
After the house and senate accept the bill it is sent to? Correct Answer-the
president
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What three actions can the president take on a new bill? Correct 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?
Correct Answer-pocket veto- legislation dies
Over ride veto- Correct Answer-Over ride president decision, 2/3 vote of
members who are present
Grass roots Correct Answer-active involvement in the legislative process at a
hands on level
3 functions of a typical business? Correct Answer-Operations, Marketing &
Sales, and Finance & Accounting
Treasury Duties Correct Answer-financing an investing companies money
Controller Correct Answer-Monitor revenue, income and expenses
4 types of budgets Correct Answer-Incremental, formula, operating and
captial
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Incremental Budget Correct Answer-looks at prior budget for new funding,
looks at each items budget expense to make plan for next period
Formula Budget Correct Answer-overall cost applied to calculate increases in
the next budget, new budget starts at zero; without considering prior expenses
Operating Budget Correct Answer-focuses on the budget income statement
and its supporting components and schedules
Capital Budget Correct Answer-plan to finance long term fixed assets such as
facilities and equipment
Straight line depreciation method Correct Answer-expense is assumed to be
incurred in equal amounts over life of asset
accelerated depreciation method Correct Answer-expense is assumed to be
incurred in decreasing amounts over life of asset
ROI= Correct Answer-gain from investment- cost of investment/ cost of
investment
3 Historic HR Roles Correct Answer-Advisory, Service and Control
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3 Current HR Roles Correct Answer-Administration, Operational and Strategic
3 types of organizational structures Correct Answer-centralized,
decentralized and organizational
4 types of organizational structures Correct Answer-Functional, Divisional,
Customer Focused and Matrix
Functional Structure Correct Answer-org chat arranged by
function/department
Divisional Structure Correct Answer-org chat separated by product, group,
market, region
Customer Focused Structure Correct Answer-org chart based on customer
needs
Matrix Structure Correct Answer-Dual chain of command- report to more
then one person
2 types of reporting relationships Correct Answer-line management and staff
management