Practice Test- SHRM CP question with correct answers latest 2023 verified

Practice Test- SHRM CP question with correct answers latest 2023 verified 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. Short-form Application - correct answer Consists of a pre-made form designed to obtain general information. Short-form applications are best used for positions that do not require a large number of specialized skills or for individuals within the organization, attempting to change positions. Long-form Application - correct answer Is a pre-made form designed to obtain a more in-depth idea of an individual's skills or knowledge. A long form application is the most commonly used general employment application. General Employment Application - correct answer Requests information related to employment history, education, and overall background. Job-Specific Employment Application - correct answer Is used by organizations needing to fill a large number of similar positions or hire individuals for similar positions on a regular basis. Weighted Employment Application - correct answer Are forms requesting answers to questions or information related to specific requirements necessary to perform the duties associated with the position. Each requirement is then assigned a weight based on its importance to the position. What are the HR professional's primary role in assisting a department with conducting an effective interview? - correct answer To offer any requested advice on preparing for and setting up interviews. Contrast Bias - correct answer Unconsciously contrasting other candidates with the first candidate interviewed. Cultural Noise Bias - correct answer Occurs when the candidate responds with pointed answers that are aimed at making the interviewer happy rather than answering in a natural way. Halo Bias - correct answer Occurs when the interviewer considers only one quality of the candidate over his other qualities, such as shyness that might detract from the candidate's true record of achievement. Leniency Bias - correct answer Means the interviewer is lenient in regard to a candidate's potential weakness.