PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Money an organization owes its vendors and suppliers. -
Correct Answers ✅Accounts Payable
Money an organization's customers owe the organization. -
Correct Answers ✅Accounts Receivable
Detailed steps a unit, department, or team will take in order
to achieve short-term objectives. - Correct Answers
✅Action Plans
Modification or the Constitution or a law; modification may be
either formal (written) or informal (unwritten). - Correct
Answers ✅Amendment
Financial, physical, and sometiems intangible properties an
organization owns. - Correct Answers ✅Assets
Statement of a firm's financial position at a particular time. -
Correct Answers ✅Balance Sheet
Measurement approach that provides an overall picture of an
organization's performance as measured against goals in
finance, customers, internal business processes, and learning
and growth. - Correct Answers ✅Balanced scorecard
,PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Proposal presented to a legislative body for possible
enactment as a law. - Correct Answers ✅Bill
Analysis that shows point in time at which total revenue
associated with a program is equal to the total cost of the
program. - Correct Answers ✅Break-even analysis
Description of an organizational challenge and possible
alternative solutions, arguing for specific solution. - Correct
Answers ✅Business Case
To an operations department, the ability to yield output. -
Correct Answers ✅Capacity
Record of how much cash is flowing into and out of an
organization, including its sources or destinations. - Correct
Answers ✅Cash flow statement
Degree to which decision-making authority is restricted to
higher levels of management in an organization. - Correct
Answers ✅Centralization
Principles of conduct within an organization that guide
decision making and behavior. - Correct Answers ✅Code of
ethics
,PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Measure of the average change over time in the prices paid
by consumers for goods and services. - Correct Answers
✅Consumer price index
To an operations department, an after-the-fact evaluation of a
company's ability to meet its own specifications and its
customers' needs. - Correct Answers ✅Control
Measure that indicates the relationship between two
variables. - Correct Answers ✅Correlation
Ratio of value created to cost of creating that value; allows
management to determine the financial impact particular
activities and programs have on an organization's
profitability. - Correct Answers ✅Cost-benefit analysis
Degree to which decision-making authority is given to lower
levels in an organization's hierarchy. - Correct Answers
✅Decentralization
Way an organization groups jobs to coordinate work. -
Correct Answers ✅Departmentalization
Sale by a company of an asset that is not performing well,
that is not core to the company's business, or that is worth
more as a separate entity. - Correct Answers ✅Divestiture
, PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Organizational structure in which segments ae separated by
product, customer or market, or region. - Correct Answers
✅Divisional structure
Process of conducting an intensive investigation of an
organization as one of the first steps in a pending merger or
acquisition. - Correct Answers ✅Due diligence
Act that makes it unlawful to intercept messages in
transmission, access stored information on electronic
communication services, or disclose this information. -
Correct Answers ✅Electronic Communications Privacy Act
(ECPA)
Integrated processes and tools to allow information sharing
and process management across functions, sometimes even
with external partners, such as suppliers. - Correct Answers
✅Enterprise management
Process that involves a systematic survey and interpretation
of relevant data to identify external opportunities and threats.
- Correct Answers ✅Environmental scanning
Amount of owners' or shareholders' portion of a business. -
Correct Answers ✅Equity
(Top Grade Assured) 2026 Update
Money an organization owes its vendors and suppliers. -
Correct Answers ✅Accounts Payable
Money an organization's customers owe the organization. -
Correct Answers ✅Accounts Receivable
Detailed steps a unit, department, or team will take in order
to achieve short-term objectives. - Correct Answers
✅Action Plans
Modification or the Constitution or a law; modification may be
either formal (written) or informal (unwritten). - Correct
Answers ✅Amendment
Financial, physical, and sometiems intangible properties an
organization owns. - Correct Answers ✅Assets
Statement of a firm's financial position at a particular time. -
Correct Answers ✅Balance Sheet
Measurement approach that provides an overall picture of an
organization's performance as measured against goals in
finance, customers, internal business processes, and learning
and growth. - Correct Answers ✅Balanced scorecard
,PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Proposal presented to a legislative body for possible
enactment as a law. - Correct Answers ✅Bill
Analysis that shows point in time at which total revenue
associated with a program is equal to the total cost of the
program. - Correct Answers ✅Break-even analysis
Description of an organizational challenge and possible
alternative solutions, arguing for specific solution. - Correct
Answers ✅Business Case
To an operations department, the ability to yield output. -
Correct Answers ✅Capacity
Record of how much cash is flowing into and out of an
organization, including its sources or destinations. - Correct
Answers ✅Cash flow statement
Degree to which decision-making authority is restricted to
higher levels of management in an organization. - Correct
Answers ✅Centralization
Principles of conduct within an organization that guide
decision making and behavior. - Correct Answers ✅Code of
ethics
,PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Measure of the average change over time in the prices paid
by consumers for goods and services. - Correct Answers
✅Consumer price index
To an operations department, an after-the-fact evaluation of a
company's ability to meet its own specifications and its
customers' needs. - Correct Answers ✅Control
Measure that indicates the relationship between two
variables. - Correct Answers ✅Correlation
Ratio of value created to cost of creating that value; allows
management to determine the financial impact particular
activities and programs have on an organization's
profitability. - Correct Answers ✅Cost-benefit analysis
Degree to which decision-making authority is given to lower
levels in an organization's hierarchy. - Correct Answers
✅Decentralization
Way an organization groups jobs to coordinate work. -
Correct Answers ✅Departmentalization
Sale by a company of an asset that is not performing well,
that is not core to the company's business, or that is worth
more as a separate entity. - Correct Answers ✅Divestiture
, PHR Certification Questions and Answers
(Top Grade Assured) 2026 Update
Organizational structure in which segments ae separated by
product, customer or market, or region. - Correct Answers
✅Divisional structure
Process of conducting an intensive investigation of an
organization as one of the first steps in a pending merger or
acquisition. - Correct Answers ✅Due diligence
Act that makes it unlawful to intercept messages in
transmission, access stored information on electronic
communication services, or disclose this information. -
Correct Answers ✅Electronic Communications Privacy Act
(ECPA)
Integrated processes and tools to allow information sharing
and process management across functions, sometimes even
with external partners, such as suppliers. - Correct Answers
✅Enterprise management
Process that involves a systematic survey and interpretation
of relevant data to identify external opportunities and threats.
- Correct Answers ✅Environmental scanning
Amount of owners' or shareholders' portion of a business. -
Correct Answers ✅Equity
