Multiple Choice
Under which type of accounting are the premiums paid by an employer for his employees' insurance typically recorded?
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1. Introduction to Accounting
Types of Accounting
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Which business department is primarily responsible for conflict resolution and addressing employee needs?
A
Human Resources
B
Operations Management
C
Financial Accounting
D
Marketing
Verified step by step guidance1
Step 1: Understand the role of each department listed in the options. Human Resources is primarily responsible for managing employee relations, addressing employee needs, and resolving conflicts.
Step 2: Operations Management focuses on overseeing the production and delivery of goods and services, ensuring efficiency in processes.
Step 3: Financial Accounting deals with recording, summarizing, and reporting financial transactions to provide insights into the financial health of the business.
Step 4: Marketing is responsible for promoting products or services, understanding customer needs, and driving sales.
Step 5: Based on the descriptions, identify the department that aligns most closely with conflict resolution and addressing employee needs, which is Human Resources.
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