Practice Exam Quiz Test- SHRM CP Latest Update.
What is Human Capital Planning? - CORRECT ANSWER Human Capital planning is a systematic process for identifying the resource pool and its capabilities to meet organization goals and developing the strategies to meet the requirements to fulfill th...
What is Human Capital Planning? - CORRECT ANSWER Human Capital planning is a systematic process
for identifying the resource pool and its capabilities to meet organization goals and developing the
strategies to meet the requirements to fulfill those goals. A Human Management Capital plan is forward
thinking; the questions asked look at the present and into the future.
What is an environmental scan and how does it pertain to strategic planning? - CORRECT ANSWER An
environmental scan has to do with the gathering of information that will help to project company
growth and development. An environmental scan helps a company to review historical data to begin the
process of preparing for expected or planned growth in the company.
Why do HR professionals need to understand the legal process? - CORRECT ANSWER Legislation
influences the relationship between employers and employees, and the human resources professional is
responsible for understanding this relationship. The legislation that will affect a business often will affect
the business's relationship with its employees.
What is the first step that must be taken for an idea to be presented as a bill to congress? - CORRECT
ANSWER When an idea for a bill originates from an individual or business outside of Congress, the idea
must first be submitted to a member of congress (or MOC). This MOC may be either a senator or
representative.
What is the Foreign Corrupt Practices Act of 1977? - CORRECT ANSWER Establishes the rules for
preventing bribery and penalizing occurrences of it within corporations that exist in several countries.
What are the steps in the strategic planning process? - CORRECT ANSWER Environmental Scanning,
Formulating strategy, Implementing strategy, Making adjustments to strategy
Democratic Leadership Style: - CORRECT ANSWER a type of leadership style in which members of the
group take a more participative role in the decision-making process.
, Coaching Leadership Style: - CORRECT ANSWER Coaching leaders are very effective in settings where
performance or results need improvement. They help others to advance their skills; they build bench
strength, and provide a lot of guidance. The coaching leadership style is most effective when followers
are more responsible, experienced, and agreeable.
Transactional Leadership Style: - CORRECT ANSWER a style of leadership that focuses on supervision,
organization, and performance; transactional leadership is a style of leadership in which leaders
promote compliance by followers through both rewards and punishments.
Transformational Leadership Style: - CORRECT ANSWER a style of leadership where a leader works with
subordinates to identify needed change, creating a vision to guide the change through inspiration, and
executing the change in tandem with committed members of a group.
What standard budget responsibilities does HR have? - CORRECT ANSWER Payroll taxes, travel expenses,
repairs and maintenance, & employee benefits.
The FLSA retains a certification of age for all employees for how long? - CORRECT ANSWER Until their
employment is terminated.
When is a company required to pay their employee more than the federal minimum wage? - CORRECT
ANSWER When state minimum wage is higher than the federal minimum wage, the company is required
to pay the state minimum wage over the federal .
What is adverse impact? - CORRECT ANSWER The phrase adverse impact or unintentional discrimination
refers to the selection rate of the a protected class being less than 80% of the selection rate of the
highest group.
What's involved in the human resources professional's analysis of staffing needs? - CORRECT ANSWER
Create a list of necessary KSAs that will encourage company growth, Develop a list of employees who
might be ready for promotion, Consider various hiring options for any open positions, as well as
positions that will be open in the near future, and Review the results of past hiring decisions to increase
the potential success of future decisions.
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