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Exam (elaborations)

PHR Certification Study Group – Q&A Practice & Study Guide

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Prepare for the PHR (Professional in Human Resources) certification with this study group Q&A guide. Includes practice questions, detailed answers, and review materials to strengthen HR knowledge, improve test-taking skills, and boost exam confidence.

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Institution
PHR
Course
PHR

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Page 1 PHR Certification Study Group q&a


PHR Certification Study Group

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Terms in this set (706)



Money an organization owes its Accounts Payable
vendors and suppliers.


Money an organization's customers Accounts Receivable
owe the organization.


Detailed steps a unit, department, Action Plans
or team will take in order to achieve
short-term objectives.


Modification or the Constitution or a Amendment
law; modification may be either
formal (written) or informal
(unwritten).


Financial, physical, and sometiems Assets
intangible properties an
organization owns.


Statement of a firm's financial Balance Sheet
position at a particular time.


Measurement approach that Balanced scorecard
provides an overall picture of an
organization's performance as
measured against goals in finance,
customers, internal business
processes, and learning and growth.


Proposal presented to a legislative Bill
body for possible enactment as a
law.



PHR Certification Study Group q&a 1

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Analysis that shows point in time at Break-even analysis
which total revenue associated with
a program is equal to the total cost
of the program.


Description of an organizational Business Case
challenge and possible alternative
solutions, arguing for specific
solution.


To an operations department, the Capacity
ability to yield output.


Record of how much cash is flowing Cash flow statement
into and out of an organization,
including its sources or destinations.


Degree to which decision-making Centralization
authority is restricted to higher
levels of management in an
organization.


Principles of conduct within an Code of ethics
organization that guide decision
making and behavior.


Measure of the average change Consumer price index
over time in the prices paid by
consumers for goods and services.


To an operations department, an Control
after-the-fact evaluation of a
company's ability to meet its own
specifications and its customers'
needs.


Measure that indicates the Correlation
relationship between two variables.




PHR Certification Study Group q&a 2

,Page 3 PHR Certification Study Group q&a

Ratio of value created to cost of Cost-benefit analysis
creating that value; allows
management to determine the
financial impact particular activities
and programs have on an
organization's profitability.


Degree to which decision-making Decentralization
authority is given to lower levels in
an organization's hierarchy.


Way an organization groups jobs to Departmentalization
coordinate work.


Sale by a company of an asset that Divestiture
is not performing well, that is not
core to the company's business, or
that is worth more as a separate
entity.


Organizational structure in which Divisional structure
segments ae separated by product,
customer or market, or region.


Process of conducting an intensive Due diligence
investigation of an organization as
one of the first steps in a pending
merger or acquisition.


Act that makes it unlawful to Electronic Communications Privacy Act (ECPA)
intercept messages in transmission,
access stored information on
electronic communication services,
or disclose this information.


Integrated processes and tools to Enterprise management
allow information sharing and
process management across
functions, sometimes even with
external partners, such as suppliers.




PHR Certification Study Group q&a 3

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Process that involves a systematic Environmental scanning
survey and interpretation of relevant
data to identify external
opportunities and threats.


Amount of owners' or shareholders' Equity
portion of a business.


System of moral principles and Ethics
values that establish appropriate
conduct.


Alliance between organizations to Extended organization
create processes and information
channels that allow communication
and collaboration.


Calculations designed to describe Financial ratios
an organization's financial health
and performance from various
perspectives.


Prohibits American companies from Foreign Corrupt Practices Act (FCPA)
making corrupt payments to foreign
officials for the purpose of
obtaining or keeping business.


Form of budgeting in which an Formula budgeting
average cost is applied to
comparable expenses and general
funding is changed by a specific
amount.


Organizational structure that Functional structure
defines departments by what
services they contribute to the
organization's overall mission.


Project planning tool that Gantt chart
graphically displays activities of a
project in sequential order and
plots them against time.




PHR Certification Study Group q&a 4

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Institution
PHR
Course
PHR

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Uploaded on
February 6, 2026
Number of pages
117
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

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