PHRCA EXAM LATEST 2024-2025 COMPLETE 350
QUESTIONS AND CORRECT DETAILED VERIFIED
ANSWERS ALREADY GRADED A+
As an HR manager, you need to compare your organization's turnover with other similar sized
companies in your industry. Which of the following would be the best method to use -
ANSWER-Benchmarking
Which of the following BEST describes a catalogue of the abilities and experiences of a
company's workforce - ANSWER-Skills inventory
This term refers to the minimum number of members of an assembly that must be present to
make meeting valid? - ANSWER-Quorum
Equal to a company's liabilities plus their owners's equity. - ANSWER-Assets
Which of the following is not a typical characteristic of a project? - ANSWER-Is continual
in accounting, a balance sheet shows - ANSWER-A snapshot of a company's financial condition
1
,Page 2 of 64
The CFO of your company wants tyou to put together a budget for the upcoming fiscal year
staring from scratch. Which of the following budgeting methods does this BEST describe? -
ANSWER-Zero-based budgeting
The for components of marketing can be characterized using the four P's. Which of the
following IS NOT one of the P's of marketing? - ANSWER-Profit
Number of employees a manager directs - ANSWER-Span of Control
As an HR manager, you want to evaluate the current effectiveness of your department. Which
method BEST fits with your goal? - ANSWER-HR audit
All of the following are characteristics of a matrix structures EXCEPT: - ANSWER-Improves unity
of command
Which of the following BEST describes "analysis paralysis"? - ANSWER-Data is collected and
analyzed but a decision is not made and no action is taken
Which of the following is NOT considered a measure of central tendency? - ANSWER-
Correlation
2
,Page 3 of 64
What is the "Mean" of the following set of numbers: 1,1,3,3,5,5 - ANSWER-3
If you have a large standard deviation, this means the data is: - ANSWER-Fairly diverse
Research that utlizes open-ended questions BEST falls into which category - ANSWER-
Qualitative analysis
The portion of baby boomers that is caring for both their children and their parents is known as:
- ANSWER-Sandwich generation
which of the following patent types BEST protects the invention - ANSWER-Utility patent
An organization is using a forced ranking appraisal method to rate employees. This method
ranks employees against: - ANSWER-Their peers
Another term for the Ishikawa Chart is the: - ANSWER-Cause-and-effect diagram
Which of the following is NOT considered a human process intervention? - ANSWER-
Redesigning jobs
3
, Page 4 of 64
Should NOT be used in determining an objective - ANSWER-Vague
What is the first step in the scientific method - ANSWER-Problem identification
Which of the following BEST shows a project's critical path? - ANSWER-PERT Chart (Program
Evaluation and Review Technique)
Which of the following is an integral part of strategy development? - ANSWER-Identifying
threats and opportunities
Largest HR-related professional organization in the world? Formerly known as American Society
for Personnel Administration - ANSWER-SHRM
Not commonly performed by the HR department of large organization - ANSWER-Supply Chain
Operational term that refer to the ability to produce output - ANSWER-Capacity
Describes a broad statement made by an organization that reflects their philosophy about a
certain set of employee or management activities. - ANSWER-A policy
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller STUVIAGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $20.99. You're not tied to anything after your purchase.