HRCI Practice Tests questions with 100% correct answers

HRCI Practice Tests Goal in due diligence - correct answer identify and understand risks Organizational philosophy - correct answer A philosophy is an approach to how to do something Clearly defined organizational values are essential because - correct answer re at the heart of an organization's culture. Cash flow - correct answer refers to the funds received and disbursed over a specific period of time capital budget - correct answer a plan for purchasing fixed assets such as equipment and property An operating budget - correct answer is a plan for day-to-day expenses like salaries, benefits, utilities, supplies, etc. It also includes the revenue that an organization expects to receive. Value chain management - correct answer focused more on cost rather than on quality and looks at how organizations add value to materials at various stages in the manufacturing process. Economic value added (EVA) - correct answer used to compare an organization's profit with its cost of capital A divisional structure - correct answer means that smaller units of an organization, such as regional offices, have their own management framework which then feeds up into the corporate or headquarters office. Horizontal loading - correct answer the process of expanding an existing job by adding additional tasks HR's most significant goal in performing due diligence for mergers and acquisitions - correct answer look at overall risk factors The most critical component of ethics training - correct answer the use of a model for ethical decision making Which HR practices have the most impact on employee retention - correct answer Supervisory training and career development initiatives negligent referral - correct answer If an employer has information about a former employee that could expose a potential employer to risk and they do not disclose that information A third-country national - correct answer is an expatriate who works for an organization with headquarters in a completely different country Content validity - correct answer a measure of job knowledge or skill which involves having someone perform actual work tasks or take a test of job knowledge employment release contract - correct answer employee agrees not to sue or bring charges against an organization gap analysis - correct answer a comparison of actual results with desired results. A balanced scorecard - correct answer is a tool used to measure the success of an organization's strategies. A probability matrix - correct answer a tool which can help organizations predict the likelihood that individuals holding a certain position now will be in the same position at a future point in time. Multisource rating - correct answer 360 appraisal Graphic rating scales - correct answer rate individuals from low to high on certain elements of their job such as quantity or quality of work.