Question 1

The purpose of __________ is to identify deviations from objectives and plans as soon as possible in order to take corrective action.

Accepted Answer

The answer of The purpose of __________ is to identify...

Question 2

One of the most effective fraud prevention techniques is the perception of detection and punishment.

Accepted Answer

When individuals perceive that there is a high likelihood of detection and punishment for fraudulent behavior, they are less likely to engage in it. Therefore, the perception of detection and punishment is an effective fraud prevention technique.

Question 3

In today's legal environment,effective HR compliance programs are a necessity only for public companies that report to the SEC.

Accepted Answer

Effective HR compliance programs are necessary for all companies, not just public companies that report to the SEC. Non-compliance can lead to legal and financial consequences for a company, regardless of whether it is publicly traded or not.

Question 4

Effective human resource information systems (HRISs)reduce the workload of the HR department.

Accepted Answer

Effective HRISs can automate many HR tasks and processes such as recruitment, onboarding, payroll, and benefits administration. This reduces the workload of the HR department, allowing them to focus on more strategic tasks such as talent development and organizational planning.

Question 5

Relying on informal processes of control is a factor that increases a company's exposure to fraud.

Accepted Answer

Informal processes of control are not well-defined or documented, which makes it easier for fraudulent activities to go undetected. This increases the likelihood of fraud and therefore the company's exposure to it. Organizations should establish formal processes for control to minimize the risk of fraud.

Question 6

For security and compliance reasons,HRISs cannot be moved to the cloud and HR apps cannot be leased in SaaS arrangements.

Accepted Answer

HRISs and HR apps can be moved to the cloud and leased in SaaS arrangements, but it is important to ensure that the provider is compliant with relevant security and privacy regulations.

Question 7

At the managerial or administrative level,middle-level managers make __________ decisions that focus on intermediate-term issues to fulfill the organization's mission,objectives,and strategy.

Accepted Answer

The answer of At the managerial or administrative level,middle-level managers...

Question 8

Cash flow projection is the process of identifying the financing of assets,including software,that need to be acquired or developed.It includes comparing alternatives or evaluating buy-versus-lease options.

Accepted Answer

Cash flow projection is the process of estimating the flow of cash in and out of a business over a specific period, not specifically about financing assets or evaluating buy-versus-lease options.

Question 9

Retaining high-performance people requires monitoring how people feel about the workplace,their compensation,value to the company,and chances for advancement-and maintaining workplace health and safety.

Accepted Answer

Retaining high-performance people requires monitoring various factors such as their satisfaction with the workplace, compensation, value to the company, chances for advancement, and ensuring a safe and healthy workplace.

Question 10

With XBRL,all of the company's financial data are collected,consolidated,published,and consumed without the need to use Excel spreadsheets.

Accepted Answer

XBRL stands for eXtensible Business Reporting Language and it is a standardized format for financial reporting. It allows companies to report their financial data electronically, making it easier to collect, consolidate, publish, and analyze the information. XBRL also eliminates the need to use Excel spreadsheets for financial reporting, as all the information is available in a machine-readable format.

Question 11

Using intranets,HR apps have shifted many routine tasks to employees who log in to manage their benefits,deductions,direct deposits,and health care.

Accepted Answer

The statement is true, as intranets and HR apps have indeed shifted many routine tasks to employees for managing their benefits, deductions, direct deposits, and health care.

Question 12

LinkedIn is a primary social media site for recruitment.

Accepted Answer

LinkedIn is considered as a primary social media site for recruitment as it is a professional networking site where individuals and companies can connect and find job opportunities. It is used for job postings, networking, and building professional relationships.

Question 13

HRIS apps raise ethical and legal challenges.For example,training activities that are part of HRM may involve ethical issues in recruiting and selecting employees and in evaluating performance.

Accepted Answer

HRIS apps may pose ethical and legal challenges when it comes to HRM training activities. These challenges may include ethical issues in recruiting and selecting employees as well as in evaluating performance.

Question 14

Oracle,Siemens,and POM vendors offer a demand-driven __________ system,whose objective is to remove waste of any kind from production and operations.

Accepted Answer

The answer of Oracle,Siemens,and POM vendors offer a demand-driven __________...

Question 15

IT provides systems and apps that support the needs of _________ area systems such as manufacturing and production,accounting,finance and HR.

Accepted Answer

The answer of IT provides systems and apps that support...

Question 16

HR must monitor workplace and employment practices to ensure compliance with the Fair Labor Standards Act (FLSA),OSHA,and antidiscrimination and sexual harassment laws.

Accepted Answer

HR is responsible for ensuring compliance with various employment laws, including the Fair Labor Standards Act (FLSA), OSHA regulations, and antidiscrimination and sexual harassment laws. Monitoring workplace practices and policies is a key way HR can ensure compliance and mitigate legal risk for the organization.

Question 17

At the __________ level,managers,supervisors,and workers need detailed data,in real-time or near real-time,and the ability to respond to what they learn from functional information systems.

Accepted Answer

The answer of At the __________ level,managers,supervisors,and workers need detailed...

Question 18

HRM applications involve ethical issues,particularly in recruiting and selecting employees and in evaluating performance.

Accepted Answer

HRM applications involve ethical issues because certain practices, such as using discriminatory criteria to select candidates or unfairly evaluating employee performance, can be considered unethical. It is important for HR professionals to uphold moral and ethical principles when carrying out these HRM functions.

Question 19

________ data may be collected by sensors or RFID systems and interpreted in real time,or they can be stored in a database for future analysis.

Accepted Answer

The answer of ________ data may be collected by sensors...

Question 20

According to the US DOJ,corporations are not legal persons and therefore they are not capable of committing crimes.

Accepted Answer

Corporations are considered legal persons under the law and can be held liable for crimes committed by their employees or agents. In fact, corporations can be fined, sued, and even criminally prosecuted for their actions.

Quiz 9: Effective and Efficient Business Functions