Table of contents

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1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Business Organization

Financial Accounting

1. Introduction to Accounting

Business Organization

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Multiple Choice

The HR department is most likely to collaborate with other company functions on which of the following activities?

Preparing the company's tax returns

Managing inventory levels

Designing new product prototypes

Recruitment and selection of new employees

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Verified step by step guidance

Understand the role of the HR department, which primarily focuses on managing human resources, including recruitment, training, employee relations, and compliance.

Recognize that preparing the company's tax returns is typically the responsibility of the accounting or finance department, not HR.

Acknowledge that managing inventory levels is generally handled by the operations or supply chain management team, not HR.

Note that designing new product prototypes is usually the domain of the research and development (R&D) or engineering team, not HR.

Conclude that recruitment and selection of new employees is a core HR activity, and HR often collaborates with other departments to ensure the right candidates are hired to meet organizational needs.