PHR Practice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

Which of the following forecasting methods relies on collecting independent evaluations from experts and summarizing the information? A. Assessment center B. Nominal group technique C. Time-series analysis D. Delphi technique : D. Delphi technique Utilizing employee skills to keep or gain a competitive advantage is known as: A. succession planning. B. forecasting. C. strategic management. D. benchmarking. : C. strategic management. 2 | P a g e Which organizational structure best suits a business with numerous offices and distribution centers? A. Product B. Hierarchical C. Hybrid D. Geographic : D. Geographic A project is expected to net $600,000 in income with project costs of $350,000. What is the expected ROI for this project? A. 57% B. 72% C. 171% D. 277% : C. 171% 3 | P a g e Which of the following statements is true regarding a cash flow statement? A. Due to timing of cash transactions, it is a mix of current and previous years' transactions. B. It only includes the cash transactions from the year in which it is prepared. C. Cash flowing out in a given period equals the amount recorded in accounts payable. D. Cash flowing in during a given period equals sales plus accounts receivable. : A. Due to timing of cash transactions, it is a mix of current and previous years' transactions. A group process for organizational diagnosis is used when: A. structure and the number of participants are known. B. confidentiality and trust relationships are necessary. C. larger population input and baseline data are needed. D. a high degree of int