Exam 9: Effective and Efficient Business Functions

Which of the following is not one of the factors holding companies back from implementing HR SaaS solutions to efficiently transform and improve the HR function?

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

A system of policies and procedures to prevent and detect illegal acts committed by managers,employees,customers,or business partners is called __________.

The objective of financial accounting is to report the value of a company.

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

Why should managers design and implement effective fraud response and litigation-readiness strategies? What is one consequence of not implementing such a strategy? Why should managers not try to hide or ignore fraud?

What is the markup language that was developed for business and financial reporting?

__________ on LinkedIn is popular because it is more effective and efficient than traditional approaches.

_________ systems provide data about the quality of incoming materials,parts,and in-process semifinished and finished products.

__________ is the field that deals with policies,procedures,compliance requirements associated with acquiring and keeping people in organizations.

Many more companies are shipping via intermodals and their older TMSs cannot support or deal with intermodal movement,which refers to the use of ________.

In their effort to better manage employees,companies are developing human capital management to streamline the HR process.These Web applications are more commonly referred to as _______.

The leading internal control to prevent fraud at an organization is __________.For example,when handling a company's assets,the work of managers or employees must be subject to approval or authorization by another person.

Intermodal transportation refers to the use of two or more transport modes,such as container ship,air,truck,and rail,to move products from source to destination

Some companies have adopted or are considering SaaS applications to help them with the HR function.However,other companies are apprehensive.List and briefly describe three reasons that are holding companies back from implementing SaaS HR apps.

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.

A key benefit of ________ is that they minimize variation and promote quality through consistent implementation of a process or procedure within the organization,even if there are temporary or permanent personnel changes.

In information systems,transparency means being able to respond appropriately to changes in conditions,demand,or new opportunities.

A weakness in a(n)_______ is a major cause of fraud.

________________ is the process of analyzing and selecting investments (expenditures)with the highest ROI for the company.