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First, create a table that listed the major components of the Income Statement, Balance Sheet, and Cash Flow statements. Next, explain how HR can impact
First, create a table that listed the major components of the Income Statement, Balance Sheet, and Cash Flow statements. Next, explain how HR can impact those components. For example, reducing the time to fill a position could potentially increase revenue on the Income Statement. Or expanding the time to pay a vendor for an HRIS system will improve cash flow from operations. What about DSO's or sales commissions or benefits or PTO or training or hopefully you get the idea.
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