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MBA Human Resource Management MCQs – Practice Test 2 (Chapter 13)

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Free "Strategic Human Resource Management Study" App Download (iOS & Android) with MCQ: Operating profit held with the firm after deducting the cost of capital is classified as; with answers: investments added, benefits added into salaries, capitals added, and economic value added. Practice Employee Selection Procedures Quiz Questions, download Apple Book (Free Chapter) to strengthen business outcomes.

Strategic Human Resource Management MCQ – Practice Test 2 PDF Download

MCQ 6: The operating profit held with the firm after deducting the cost of capital is classified as:

  1. benefits added into salaries
  2. investments added
  3. capitals added
  4. economic value added

MCQ 7: The full time equivalent employees is added into adjusted profit to calculate:

  1. employee hiring cost
  2. return on training
  3. human value added
  4. turnover cost

MCQ 8: If the cost to terminate is $1200, cost to hire is $500, vacancy cost is $750 and productivity loss is $250 then the turnover cost is:

  1. $1,700
  2. $2,700
  3. $1,950
  4. $1,000

MCQ 9: The system which is designed to provide useful information while making decisions regarding human resource of an organization is classified as:

  1. benefit analysis system
  2. human resource information system
  3. decisional information system
  4. integration HR

MCQ 10: The total number of employees are added into employee voluntary separations, to calculate:

  1. production turnover rate
  2. investment turnover rate
  3. volunteer turnover rate
  4. employee hiring rate

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