Exam 7: Cost Justifying HRIS Investments

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Indirect benefits are difficult to quantify because

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A

Using HR audit metrics to measure the effectiveness of one company's HR programs against other companies is called ______.

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An integrated information system is one built on common platforms that permit single instances of data to be used in several applications.

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What are some of the guidelines to a successful HRIS CBA?

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What does the term FTE mean in doing a CBA for a new HRIS?

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Internal assessment for estimating indirect benefit magnitude provides the most precise estimates of the baseline costs and current performance of existing processes.

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Which of the following guidelines should not be a guideline for a successful HRIS CBA?

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Describe the internal assessment method for estimating benefit magnitude.

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What does average employee contribution (AEC)and individual employee differences (variance)in work outcomes measure in a CBA?

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Time saved by the implementation of an HRIS a direct cost reduction.

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What are the three steps that should be used to construct dollar estimates of indirect benefits?

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What is the difference between cost reduction and organizational enhancement as strategies for HRIS investments?

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The total cost of an HRIS implementation will be driven by number of employees in the organization.

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A CBA is a comparison of the projected costs and benefits associated with an HRIS investment.

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An HRIS can provide the primary infrastructure used to ______.

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Packaging your CBA for decision makers should be done on a single page.

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An HRIS CBA that includes an extensive analysis of costs matched with a single source of benefits (e.g.,an estimate of direct cost reductions)is a common problem in justifying the purchase of a new HRIS.

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A preliminary estimate of the CBA of an HRIS investment should

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What are the three common problems that can occur in an HRIS CBA?

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What are the three approaches for estimating benefit magnitude?

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