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Human Resource Management and HR Audit Quiz

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Human Resource Management and HR Audit Quiz

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Questions and Answers

What is one of the components of HR Audit as mentioned in the text?

Financial accounting

Recruitment and selection (correct)

Inventory management

Marketing strategy

What is the purpose of job analyses as per the text?

To evaluate financial performance

To assess marketing trends

To forecast employee demand

To identify training needs (correct)

What is the role of a performance evaluation system according to the text?

To design recruitment strategies

To assess past and potential performance (correct)

To develop financial reports

To forecast market demand

What is the purpose of a remuneration programme as mentioned in the text?

To motivate employees Signup and view all the answers

What are the areas covered in HR audit?

Organizational health and policy implementation Signup and view all the answers

What approach involves using effective standards developed by an outside consultant as benchmarks for comparative purposes?

Comparative approach Signup and view all the answers

Under which approach do auditors review past results and actions to determine compliance with legal norms and company policies?

Compliance approach Signup and view all the answers

What is the 'Management by Objectives' (MBO) approach primarily based on?

Setting goals for performance assessment Signup and view all the answers

What kind of measures are developed in the statistical approach?

Measures of absenteeism and accident rates Signup and view all the answers

What is the purpose of the human resource audit?

To appraise the overall effectiveness of an organization’s human resource utilization Signup and view all the answers

What kind of data aid auditors in assessing the positive and negative aspects of company’s performance in the statistical approach?

Trend lines and frequency distributions Signup and view all the answers

What does the 'Management by Objectives' (MBO) approach entail?

Specification of goals against which performance is assessed Signup and view all the answers

What do regular human resource audits make possible?

Detecting significant trends before they generate crises Signup and view all the answers

What kind of measures are developed in the compliance approach?

Reviewing past results and actions for compliance Signup and view all the answers

What is the main purpose of the HR audit report?

To evaluate how well the organization's policies are working Signup and view all the answers

What is the purpose of the 'Comparison between time periods' method for evaluating and disseminating data?

To identify trends and changes over time Signup and view all the answers