Which of the following best defines a high-performance work system?
A. an arrangement of machinery and equipment that streamlines the workflow and results in maximum efficiency and cost savings
B. the right combination of people, technology, and organizational structure that makes full use of the organization's resources and opportunities in achieving its goals
C. a computer software system that is designed to help managers solve problems by showing how results vary when the manager alters assumptions or data
D. a system that is used to collect, record, store, analyze, and retrieve data concerning an organization's human resources
E. a performance management system that measures customer satisfaction
B. the right combination of people, technology, and organizational structure that makes full use of the organization's resources and opportunities in achieving its goals
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The Commissioner can deny an applicant for a license after a hearing:
A. If the applicant doesn't lack integrity. B. If the applicant has permitted someone in their employment to violate the California Insurance Code. C. For applicants holding other professional licenses. D. For applicants seeking the license for the purpose of aiding the enforcement of the California Insurance Code.
Adjustment made when at the end of a period in which a company sold securities, to ensure that gains and losses are not counted twice in comprehensive income. Without such an adjustment, a company might report realized gains or losses as part of net income but also show the gains or losses as part of other comprehensive income in the current or previous periods. Companies generally report reclassification adjustments in the notes to the financial statements.
(a) underlying (b) option contract (c) documentation (d) reclassification adjustment