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NEW QUESTION: 1
What common law term best describes an employee's obligation to act with reasonable care and skill for the employer?
A. Duty of honor
B. Duty of diligence
C. Duty of loyalty
D. Duty of obedience
Answer: B
Explanation:
Reference: Professional in Human Resources Certification Guide, Sybex, ISBN: 978-0470-43096-5. Chapter 7: Employee and Labor Relations. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Employee and Labor Relations
Objective: Federal Employment Legislation
NEW QUESTION: 2
A dealer belongs to:
A. The back office staff
B. The front office staff
C. The compliance staff
D. The middle office staff
Answer: B
NEW QUESTION: 3
Which is encapsulated in a Vision Statement?
A. Complete picture of how the programme is going to work
B. Information required for the future business operations
C. Better future that will be delivered by the programme
D. Future operating model for the organization
Answer: C
NEW QUESTION: 4
ABC Corp. requires that all invoices are matched to both a purchase order and a receipt. Invoice tolerances are set to zero.
A standard purchase order is entered for consulting services. An invoice is entered and matched against a purchase order. The total invoice amount matches the distribution amount.
When the steps to prepare the invoice for payment are completed, the invoice is placed on hold. The company's business policy states that all holds cannot be manually released.
To pay the supplier, identify the step to be completed to remove the hold and be eligible for payment.
A. The service must be received in Purchasing because three-way matching is required.
B. Manually release the hold because it is not a system hold.
C. The service must be received in Accounts Payable because it is a purchase order for a service and not a commodity or item.
D. Inspection is required because it is a three-way match.
E. Change the invoice tolerances in the Payables Options form to be greater than zero, so that the invoice does not go on hold again.
Answer: A
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