Succession planning is used to identify key employees and potential replacements, allowing HR to estimate ________
A) the supply of available employees
B) the need for contingent workers
C) training needs
D) salary and benefits required for retention
E) the turnover rate
Answer: A
Explanation: With some idea of future workforce demands, the HR staff tries to estimate the supply of available employees. To ensure a steady supply of experienced employees for new opportunities and to maintain existing operations, successful companies focus heavily on employee retention.
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Which of the following statements is true of the False Claims Act?
A) Private citizens may sue employers on behalf of the government for fraud against the government. B) Private citizens may sue employers on behalf of the government for misrepresentation of a government employee. C) The government may sue employers for fraud against a private citizen. D) The government may sue employers for fraud against a government official.
IFRS requires that firms expense costs during a research phase but allows firms to capitalize development-phase costs under certain conditions. Under IFRS, which of the following is not a condition that must be met for a firm to capitalize development-phase expenditures?
A) The company can reliably identify the research costs incurred to bring the project to economic feasibility. B) The company can reliably identify the development costs incurred to bring the project to economic feasibility. C) The project has achieved technical feasibility. D) The company intends to complete the project and either use or sell the intangible asset.