Justifying HRIS Investments MCQs

Justifying HRIS Investments MCQs

The following Justifying HRIS Investments MCQs have been compiled by our experts through research, in order to test your knowledge of the subject of Justifying HRIS Investments. We encourage you to answer these multiple-choice questions to assess your proficiency.
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1: AEC stands for _____

A.   Automotive Engineering Company

B.   Adaptive Error Compensation

C.   Army Environmental Center

D.   Average employee contribution

2: BCA provides them with an improved likelihood of making the best financial decision regarding an investment in an HRIS.

A.   True

B.   False

3: Benchmarking used in management, and particularly in human resource management.

A.   True

B.   False

4: The financial analysis of the benefits and costs of implementing a new or upgraded system is known as

A.   Direct benefits

B.   Benefit magnitude

C.   Benefit-cost analysis

D.   None of these

5: The size, or magnitude, of the benefits to be gained by implementing an HRIS is known as ______ .

A.   Direct benefits

B.   Benefit magnitude

C.   Benefit-cost analysis

D.   None of these

6: Direct benefits accruing from _______ that can be measured objectively in dollars.

A.   An information system

B.   Implementation of a system

C.   Processing system

D.   None of these

7: Direct costs associated with the _________ that can be measured objectively in dollars.

A.   An information system

B.   Implementation of a system

C.   Processing system

D.   None of these

8: Direct estimation is an approach to estimating indirect benefits of a new HRIS in which the analyst estimates the value of any ________ of the HRIS

A.   Indirect benefits

B.   Direct benefits

C.   Both a & b

D.   None of these

9: The number of programs or functions—such as recruiting, compensation, and job analysis—that are operational using the specific HRIS configuration is known as _______ .

A.   HRIS functionality

B.   Non function

C.   Implementation costs

D.   None of these

10: Implementation costs is the costs associated with implementing a new HRIS.

A.   True

B.   False

11: Indirect benefits are the benefits associated with the implementation and use of a new HRIS that cannot be measured with certainty is also known as ______ .

A.   Intangible benefits

B.   Indirect costs

C.   Internal assessment

D.   None of these

12: The costs associated with the implementation and use of a new HRIS that cannot be measured with certainty also called _____.

A.   Intangible benefits

B.   Indirect costs

C.   Internal assessment

D.   None of these

13: IRR stands for _____

A.   Internal resources random

B.   Internal rate of return

C.   Both a & b

D.   None of these

14: Organizational enhancement strategies is an approach to justifying the purchase of HRIS software and systems that is based on identifying instances

A.   True

B.   False

15: A capital budgeting metric that calculates the number of years required for the flow of benefits returned by an investment to equal the cost of the investment is known as ________ .

A.   Payback period

B.   Return on investment

C.   Risk avoidance strategy

D.   None of these

16: ROI is stands for _____

A.   Return on investment

B.   Responsible Officer

C.   Revenue Officer

D.   None of these

17: A strategy used by organizations as part or all of the justification for purchasing HRIS software is known as ______ .

A.   Risk avoidance strategy

B.   Affirmative action plan (AAP)

C.   Americans with Disabilities Act

D.   None of these