Clearwater Electronics now has 1,600 employees and an HR department with several employees. However, it was not always that large. In its second year, the company was growing steadily and hired its 40th employee. At that time, the CEO decided to hire an HR generalist to manage all human resources functions. Why was this decision the best thing for the company at the time?

Of the following combinations of financial instruments, which depicts the correct ranking of high to low risk (moving from left to right)? commercial paper; preferred stock; bankers' acceptances state & local government bonds; u.s. treasury bonds; aaa-rated corporate bonds common stock; leases; u.s. treasury notes preferred stock; common stock; u.s. treasury bills