(Solution Manual) FINANCIAL ACCOUNTING

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Solution Manual for FINANCIAL ACCOUNTING, The downloadable file consists of 462 pages, and the total size of the file is 1.0 MB. Purchase now only for highly discounted price.

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Chapter 1 Key 1.People are the common element in all social organizations. TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #1Topic: 01-01 What is Human Resource Management? 2.Organizational goals are an organization's short- and long-term goals that human resource management aims to support and enable. TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #2Topic: 01-01 What is Human Resource Management? 3.The field of human resource management is not related to key organizational goals, product-market plans, technology, and innovation. FALSE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #3Topic: 01-01 What is Human Resource Management? 4.Human resource management is central to all organizations and all organizations have a dedicated human resource department. FALSE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #4Topic: 01-02 The difference between human resource management and a human resource department 5.A new venture or micro-business would initially have the entrepreneur perform HR related tasks. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #5Topic: 01-01 What is Human Resource Management? 6.Strategies for businesses are formulated at three levels: corporate, a major business activity, and employee. FALSE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #6Topic: 01-03 Strategic Human Resource Management 7.Employee salaries may account for more than 65% of the operating expenses in many organizations. FALSE Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #7Topic: 01-03 Strategic Human Resource Management 8.Using the focus strategy, a firm concentrates on a segment of the market. The firm may compete on the basis of either differentiation or cost leadership. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #8Topic: 01-04 Understanding the Strategic Human Resource Management Process 9.Many organizations are now including specific strategies that directly consider their employees, such as a strategy to become one of Canada's "T op 50 Best Managed Companies." TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #9Topic: 01-04 Understanding the Strategic Human Resource Management Process 10.Boom and bust economic cycles are experienced the same across the country. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #10Topic: 01-05 Economic Forces 11.Economic forces are defined as economic factors facing Canadian business, including historical trends, global trade forces, and the force to increase one's own competitiveness and productivity levels. FALSE Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #11Topic: 01-05 Economic Forces 12.Canada's international trade advantage is due to its geographical location and multi-cultural population. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #12Topic: 01-05 Economic Forces 13.Companies can gain accreditation in productivity optimization processes through organizations like the International Association for Six Sigma Certification. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #13Topic: 01-05 Economic Forces 14.Recruiting or developing innovative staff to create a culture of innovation within the organization is an example of a progressive human resource strategy. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #14Topic: 01-05 Economic Forces 15.In firms with non-routine production processes (such as advertising firms or software developers), flexible human resource practices that nurture creativity, innovation, and entrepreneurship may add more value. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #15Topic: 01-05 Economic Forces 16.Knowledge Management is an outcome of digital information systems. TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #16Topic: 01-11 17.All service industries combined currently account for more than 75% of the gross domestic product (GDP) in Canada. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #17Topic: 01-05 Economic Forces 18.The move towards extractive industries increases the need for innovation and creates an environment that requires not only knowledge workers, but individuals who bring innovative thinking to their organization. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #18Topic: 01-05 Economic Forces 19.Moving from a factor-based to a knowledge-based economy is a trend witnessed only in North America. FALSE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #19Topic: 01-05 Economic Forces 20.With an increased reliance on knowledge workers, organizations also start to face challenges associated with employees hiding and withholding knowledge. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #20Topic: 01-05 Economic Forces 21.Educational attainment is the average academic level required to work at a particular job. FALSE Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #21Topic: 01-05 Economic Forces 22.Educational attainment is not keeping pace with the growing knowledge based economy. TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #22Topic: 01-05 Economic Forces 23.The foundation skills for employability in the future as identified by the Corporate Council on Education are: basic academic skills, personal management skills, and team work skills. TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #23Topic: 01-05 Economic Forces 24.The impact of population aging is the same, regardless of geographical location. FALSE Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #24Topic: 01-10 25.The growing youth population-those under age 25-entering the workforce has implications for Canada on a global scale. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #25Topic: 01-10 26.In today's workplace, leaders may be faced with up to four generations-generation Y, generation X, baby boomers, and traditionalists. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #26Topic: 01-10 27.Cultural forces are challenges facing a firm's decision makers because of cultural differences among employees. TRUE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #27Topic: 01-12 28.Allophones are defined as someone whose native tongue is Albanian. FALSE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #28Topic: 01-12 29.In the discussion of ethics, there are 3 approaches to determine "Right" behaviour. The 3 approaches are: universalistic, conformist, and subjectivist. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #29Topic: 01-12 30.The reasons most often cited by HR professionals for engaging in unethical behaviours are: a need to follow the boss's orders, pressure to meet overly aggressive business objectives, and helping the organization to survive. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #30Topic: 01-05 Economic Forces 31.Equifinality means there are many paths to any given objective. The key to success is choosing the path that best aligns to the organization's strategic goals. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #31Topic: 01-05 Economic Forces 32.Some organizations consciously make an effort to create an egalitarian, participative, and entrepreneurial work climate. HR practices such as seniority- and rank-based pay and top-down communication channels are likely to work best in this situation. FALSE Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #32Topic: 01-01 What is Human Resource Management? 33.Performance appraisals indicates how well human resource activities have been carried out, since poor performance might often mean that selection or training activities need to be redesigned. TRUE Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #33Topic: 01-04 Understanding the Strategic Human Resource Management Process 34.Without a future orientation, the human resources department becomes proactive, not reactive. Proactive approaches allow minor problems to become major ones. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #34Topic: 01-03 Strategic Human Resource Management 35.Human resource audits need not be done for the entire organization. The audit can be performed only on a division. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #35Topic: 01-04 Understanding the Strategic Human Resource Management Process 36.Human resource managers must constantly scan their professional and social environment for clues about the future. New developments may mean new challenges. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #36Topic: 01-04 Understanding the Strategic Human Resource Management Process 37.Delegation reduces a manager's responsibility. FALSE Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-03 Explain how human resource departments are organized and function.Schwind - Chapter 01 #37Topic: 01-06 The Organization of Human Resource Management 38.When a human resources department first emerges, it is typically small and reports to a senior-level manager. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-03 Explain how human resource departments are organized and function.Schwind - Chapter 01 #38Topic: 01-06 The Organization of Human Resource Management 39.Human resource managers do not have the authority to order other managers in other departments to accept their ideas. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-03 Explain how human resource departments are organized and function.Schwind - Chapter 01 #39Topic: 01-07 The Service Role of the Human Resource Department 40.In highly technical or extremely routine situations, the human resources department may be given the right to make decisions usually made by line managers or top management. This is called functional authority. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-03 Explain how human resource departments are organized and function.Schwind - Chapter 01 #40Topic: 01-07 The Service Role of the Human Resource Department 41.Change mastery is a competency which a human resource manager is expected to possess. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-04 Discuss the role of human resource professionals in todays organization.Schwind - Chapter 01 #41Topic: 01-08 Todays Human Resource Management Professional 42.Human resource professionals need to be well versed in data driven decision making and financial operations. TRUE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-04 Discuss the role of human resource professionals in todays organization.Schwind - Chapter 01 #42Topic: 01-08 Todays Human Resource Management Professional 43.The designation Certified Human Resources Professional (CHRP) is applicable only within the province in which it is granted. FALSE Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-04 Discuss the role of human resource professionals in todays organization.Schwind - Chapter 01 #43Topic: 01-08 Todays Human Resource Management Professional 44.Recent changes to old age security forces workers to wait until what age to claim old age security? A. 6 0 B. 6 3 C. 6 5 D. 6 7 E. 6 9 Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #44Topic: 01-05 Economic Forces 45.Which of the following may be a benefit of an employer providing workout facilities within the organization's physical space? A. an increase in employee morale B. an increase in health benefits C. a decrease in expenses associated with sick days D. an increase in marriage rates between employees E. all of the choices except an increase in marriage rates between employees Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #45Topic: 01-03 Strategic Human Resource Management 46.Which of the following contributes to an organization's character? A. peopl e B. technolo gy C. ag e D. union s E. all of the choices Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #46Topic: 01-05 Economic Forces 47.T o deal effectively with ever-increasing challenges, successful human resources managers must display the following competencies EXCEPT: A. a mastery of their organization's business B. a mastery of human resource management tools C. an intimate knowledge of their organization's financial procedures D. a superior ability to direct and manage change E. high personal credibility Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-04 Discuss the role of human resource professionals in todays organization.Schwind - Chapter 01 #47Topic: 01-08 Todays Human Resource Management Professional 48.Which of the following tasks might a human resources manager have to carry out during a recessionary period? A. retraining staff B. implementing employee layoff C. announcing wage concessions D. providing assistance to secure supplementary employee counseling E. all of the choices except retraining staff Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #48Topic: 01-05 Economic Forces 49.Which of the following is NOT a human resource activity? A. sourcing a new building to move into B. planning human resources C. attracting human resources D. evaluating human resources E. motivating employees Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #49Topic: 01-05 Economic Forces 50.According to top executives surveyed, what are the top strategic priorities which are HR related? A. attracting and retaining skilled staff B. improving workforce performance C. changing leadership and management behaviors D. changing organizational culture and employee attitudes E. all of the choices Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #50Topic: 01-03 Strategic Human Resource Management 51.With employees working distally, the probability of data breaches is likely to climb. What step might an organization take to protect their sensitive data? A. move all their storage to the cloud B. hire a cyber-security expert C. continuously back-up data D. only permit employees to use corporate-issued hardware E. teach its employees hacking skills Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #51Topic: 01-05 Economic Forces 52."A strategy to gain competitive advantage through lower costs of operations and lower prices for products" is the definition of which strategy? A. focu s B. differentiati on C. cost leadership D. organization al E. none of the choices Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #52Topic: 01-04 Understanding the Strategic Human Resource Management Process 53.The practice of responding to problems or challenges as they arise is: A. strategic human resource management B. reactive human resource management C. cost leadership management D. demographic management E. organizational management Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #53Topic: 01-03 Strategic Human Resource Management 54.An examination of the human resource policies, practices, and systems of a firm (or division) to eliminate deficiencies and improve ways to achieve goals is a: A. human resource audit B. differentiation strategy C. cost leadership strategy D. mission statement E. demographic change Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #54Topic: 01-05 Economic Forces 55.The major challenges facing Canadian business today according to your text include the following EXCEPT: A. economic challenges B. demographic challenges C. cultural challenges D. social challenges E. technological challenges Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #55Topic: 01-05 Economic Forces 56.In formulating strategy, the human resource department must focus on all the following EXCEPT: A. planning for physical office space B. attracting human resources C. employee placement, development and evaluation D. employee motivation and rewards E. maintaining high performance Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #56Topic: 01-05 Economic Forces 57.Through gains in productivity, managers can: A. reduce costs B. save scarce resources C. enhance profits D. help the organization to provide better pay and benefits E. all of the choices Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #57Topic: 01-05 Economic Forces 58.Organizational goals can be categorized into: A. not-for-profit (e.g., charities) B. social (e.g., ethical practices) C. environmental (e.g., reduction of carbon footprint) D. economic (e.g., profit, shareholder value) E. all of the choices except not-for-profit (e.g., charities) Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #58Topic: 01-01 What is Human Resource Management? 59.Service industries make significant contributions to our national wealth today. Which of the following is an example of a service industry? A. educatio n B. minin g C. fishin g D. forestr y E. none of the choices Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #59Topic: 01-05 Economic Forces 60.Which technological force trend has led to the development of mechatronics programs at some post-secondary institutions? A. mechanizati on B. connectivi ty C. flexible work design D. knowledge management E. none of the choices Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #60Topic: 01-05 Economic Forces 61.The ratio of a firm's outputs (goods and services) to its inputs (people, capital, materials, energy) is the definition of: A. cultural forces B. six sigma certification C. flexible work design D. automation and mechanization E. productivi ty Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #61Topic: 01-05 Economic Forces 62.Within a human resources audit, the major areas examined under the Human Resources Management Information System heading are: A. human rights legislation B. job analysis information C. human resource plans D. compensation administration E. staffing and development Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #62Topic: 01-05 Economic Forces 63.By moving to a mechatronic process, better service may be provided to the customer through: A. increased predictability in operations B. increased reliability in operations C. increased employee benefits D. higher standards of quality in production E. all of the choices except increased employee benefits Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #63Topic: 01-05 Economic Forces 64.Which of the following is NOT an example of the benefits of mechanization? A. increased predictability in operations B. higher standards of quality in production C. increased reliability in operations D. reduced human resource challenges E. improved flexibility in operations Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #64Topic: 01-05 Economic Forces 65.On a per capita basis Canada exports more than the United States or Japan-due to the combination of a relatively small population and a large natural resource base. Which economic force is this an example of? A. productivity improvement B. economic cycles C. innovation improvement D. global trade E. none of the choices Accessibility: Keyboard NavigationDifficulty: EasyGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #65Topic: 01-05 Economic Forces 66.Which of the following continuously-changing factors impact the need for human resources strategies to be examined regularly? A. membership characteristics B. role definitions C. internal procedures D. membership characteristics, role definitions, and internal procedures E. none of the choices Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #66Topic: 01-05 Economic Forces 67.The higher status given to _____ experts in job ads and organizational charts indicates that the importance of human resource management activity is being recognized. A. infrastructu re B. human resource C. investment strategy D. environme nt E. rules and policies Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-04 Discuss the role of human resource professionals in todays organization.Schwind - Chapter 01 #67Topic: 01-08 Todays Human Resource Management Professional 68.Which of the following is NOT true about proactive human resource management? A. it allows staff to ensure their family or friends are hired by the organization B. it ensures all job openings are posted internally C. it anticipates problems or challenges before they impact the organization D. it applies to problems both inside and outside of the organization E. it applies to the practice of attracting talent from a non-traditional labour pool Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #68Topic: 01-03 Strategic Human Resource Management 69.Which of the following is NOT true about human resource management? A. it involves the leadership and management of people B. it uses systems, methods, processes, and procedures C. it gives HR managers the authority to direct managers in other departments D. it enables employees to optimize their performance E. it enables employees to contribute to the organization and its goals Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-01 Discuss the objectives of human resource management.Schwind - Chapter 01 #69Topic: 01-01 What is Human Resource Management? 70.Which of the following is TRUE about a department which has staff authority? A. it has power over the organization's entire staff B. it directs managers how to best handle staffing issues C. it has no input to any department other than its own D. it has the power to advise but not direct managers in other departments E. none of the choices Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-03 Explain how human resource departments are organized and function.Schwind - Chapter 01 #70Topic: 01-07 The Service Role of the Human Resource Department 71.Which of the following is NOT true of an organization's mission statement? A. it specifies what activities the organization intends to pursue B. it indicates the course that is charted for the future C. it is a statement of who the organization is and what it does D. it identifies which not-for-profits will benefit from the organization's success E. it gives the organization its own special identity, character, and path of development Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #71Topic: 01-04 Understanding the Strategic Human Resource Management Process 72.Which of the following is NOT true of the differentiation strategy used by organizations for their products? A. its products are distinctive or unique B. it focuses on the needs of a specific segment of the market C. it may charge higher-than-average prices for the products D. it is used by Nikon cameras E. advertising and promotion may be a part of the strategy Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #72Topic: 01-04 Understanding the Strategic Human Resource Management Process 73.Which of the following is NOT a benefit of conducting a human resource audit? A. it ensures timely compliance with legal requirements B. it reduces human resource costs through more effective procedures C. it reveals corrupt activities in other departments D. it stimulates uniformity of human resource policies and practices E. it enhances the professional image of the department Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #73Topic: 01-05 Economic Forces 74.The participation rate of women continues to grow in which of the following fields: A. engineeri ng B. manageme nt C. la w D. healthca re E. all of the choices except for healthcare Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #74Topic: 01-05 Economic Forces 75.Giving a department the right to make decisions usually made by line managers or top management is an example of A. none of the choices B. staff authority C. line authority D. human resource management E. functional authority Accessibility: Keyboard NavigationDifficulty: DifficultGradable: automaticLearning Objective: 01-03 Explain how human resource departments are organized and function.Schwind - Chapter 01 #75Topic: 01-07 The Service Role of the Human Resource Department 76.Which of the following is NOT an example of a demographic challenge facing Canadian organizations according to your text: A. gender balance in the workplace B. a shift towards knowledge workers C. millennial workers D. generational shift E. aging population Accessibility: Keyboard NavigationDifficulty: ModerateGradable: automaticLearning Objective: 01-02 Identify steps in strategic management of human resources.Schwind - Chapter 01 #76Topic: 01-05 Economic Forces