PHR Certification Study Group – Practice Questions & Study Guide

PHR Certification Study Group 2/5/2026




PHR Certification Study Group

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Terms in this set (706)



Money an organization owes its Accounts Payable
vendors and suppliers.



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Money an organization's Accounts Receivable
customers 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 Amendment
a law; modification may be either
formal (written) or informal
(unwritten).




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


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




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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.




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