PHR Certification Questions and Answers Updated 2026

PHR Certification Questions and
Answers Updated 2026
AccountsMPayableM-MAnswerMMoneyManMorganizationMowesMitsMvendorsMandMsuppliers.



AccountsMReceivableM-
MAnswerMMoneyManMorganization'sMcustomersMoweMtheMorganization.



ActionMPlansM-
MAnswerMDetailedMstepsMaMunit,Mdepartment,MorMteamMwillMtakeMinMorderMtoMachiev
eMshort-termMobjectives.



AmendmentM-
MAnswerMModificationMorMtheMConstitutionMorMaMlaw;MmodificationMmayMbeMeitherMfo
rmalM(written)MorMinformalM(unwritten).



AssetsM-
MAnswerMFinancial,Mphysical,MandMsometiemsMintangibleMpropertiesManMorganizationMow
ns.



BalanceMSheetM-
MAnswerMStatementMofMaMfirm'sMfinancialMpositionMatMaMparticularMtime.



BalancedMscorecardM-
MAnswerMMeasurementMapproachMthatMprovidesManMoverallMpictureMofManMorganization'
sMperformanceMasMmeasuredMagainstMgoalsMinMfinance,Mcustomers,MinternalMbusinessMpr
ocesses,MandMlearningMandMgrowth.



BillM-
MAnswerMProposalMpresentedMtoMaMlegislativeMbodyMforMpossibleMenactmentMasMaMlaw
.



Break-evenManalysisM-
MAnswerMAnalysisMthatMshowsMpointMinMtimeMatMwhichMtotalMrevenueMassociatedMwith
MaMprogramMisMequalMtoMtheMtotalMcostMofMtheMprogram.

,BusinessMCaseM-
MAnswerMDescriptionMofManMorganizationalMchallengeMandMpossibleMalternativeMsolutions,
MarguingMforMspecificMsolution.



CapacityM-MAnswerMToManMoperationsMdepartment,MtheMabilityMtoMyieldMoutput.



CashMflowMstatementM-
MAnswerMRecordMofMhowMmuchMcashMisMflowingMintoMandMoutMofManMorganization,Mi
ncludingMitsMsourcesMorMdestinations.



CentralizationM-MAnswerMDegreeMtoMwhichMdecision-
makingMauthorityMisMrestrictedMtoMhigherMlevelsMofMmanagementMinManMorganization.



CodeMofMethicsM-
MAnswerMPrinciplesMofMconductMwithinManMorganizationMthatMguideMdecisionMmakingMa
ndMbehavior.



ConsumerMpriceMindexM-
MAnswerMMeasureMofMtheMaverageMchangeMoverMtimeMinMtheMpricesMpaidMbyMconsu
mersMforMgoodsMandMservices.



ControlM-MAnswerMToManMoperationsMdepartment,ManMafter-the-
factMevaluationMofMaMcompany'sMabilityMtoMmeetMitsMownMspecificationsMandMitsMcusto
mers'Mneeds.



CorrelationM-MAnswerMMeasureMthatMindicatesMtheMrelationshipMbetweenMtwoMvariables.



Cost-benefitManalysisM-
MAnswerMRatioMofMvalueMcreatedMtoMcostMofMcreatingMthatMvalue;MallowsMmanagemen
tMtoMdetermineMtheMfinancialMimpactMparticularMactivitiesMandMprogramsMhaveMonMan
Morganization'sMprofitability.



DecentralizationM-MAnswerMDegreeMtoMwhichMdecision-
makingMauthorityMisMgivenMtoMlowerMlevelsMinManMorganization'sMhierarchy.



DepartmentalizationM-MAnswerMWayManMorganizationMgroupsMjobsMtoMcoordinateMwork.

,DivestitureM-
MAnswerMSaleMbyMaMcompanyMofManMassetMthatMisMnotMperformingMwell,MthatMisMn
otMcoreMtoMtheMcompany'sMbusiness,MorMthatMisMworthMmoreMasMaMseparateMentity.



DivisionalMstructureM-
MAnswerMOrganizationalMstructureMinMwhichMsegmentsMaeMseparatedMbyMproduct,Mcusto
merMorMmarket,MorMregion.



DueMdiligenceM-
MAnswerMProcessMofMconductingManMintensiveMinvestigationMofManMorganizationMasMone
MofMtheMfirstMstepsMinMaMpendingMmergerMorMacquisition.



ElectronicMCommunicationsMPrivacyMActM(ECPA)M-
MAnswerMActMthatMmakesMitMunlawfulMtoMinterceptMmessagesMinMtransmission,Maccess
MstoredMinformationMonMelectronicMcommunicationMservices,MorMdiscloseMthisMinformatio
n.



EnterpriseMmanagementM-
MAnswerMIntegratedMprocessesMandMtoolsMtoMallowMinformationMsharingMandMprocessM
managementMacrossMfunctions,MsometimesMevenMwithMexternalMpartners,MsuchMasMsuppli
ers.



EnvironmentalMscanningM-
MAnswerMProcessMthatMinvolvesMaMsystematicMsurveyMandMinterpretationMofMrelevantMd
ataMtoMidentifyMexternalMopportunitiesMandMthreats.



EquityM-MAnswerMAmountMofMowners'MorMshareholders'MportionMofMaMbusiness.



EthicsM-
MAnswerMSystemMofMmoralMprinciplesMandMvaluesMthatMestablishMappropriateMconduct.



ExtendedMorganizationM-
MAnswerMAllianceMbetweenMorganizationsMtoMcreateMprocessesMandMinformationMchannel
sMthatMallowMcommunicationMandMcollaboration.

, FinancialMratiosM-
MAnswerMCalculationsMdesignedMtoMdescribeManMorganization'sMfinancialMhealthMandMper
formanceMfromMvariousMperspectives.



ForeignMCorruptMPracticesMActM(FCPA)M-
MAnswerMProhibitsMAmericanMcompaniesMfromMmakingMcorruptMpaymentsMtoMforeignMof
ficialsMforMtheMpurposeMofMobtainingMorMkeepingMbusiness.



FormulaMbudgetingM-
MAnswerMFormMofMbudgetingMinMwhichManMaverageMcostMisMappliedMtoMcomparableMe
xpensesMandMgeneralMfundingMisMchangedMbyMaMspecificMamount.



FunctionalMstructureM-
MAnswerMOrganizationalMstructureMthatMdefinesMdepartmentsMbyMwhatMservicesMtheyMc
ontributeMtoMtheMorganization'sMoverallMmission.



GanttMchartM-
MAnswerMProjectMplanningMtoolMthatMgraphicallyMdisplaysMactivitiesMofMaMprojectMinMse
quentialMorderMandMplotsMthemMagainstMtime.



GenerationMXM-
MAnswerMGroupMofMpeopleMbornMroughlyMbetweenMtheMyearsMofM1965M-M1980



GenerationMYM-MAnswerMGroupMofMpeopleMbornMafterM1980.



GrossMdomesticMproductM(GDP)M-
MAnswerMEstimateMofMtheMtotalMvalueMofMgoodsMandMservicesMproducedMinMaMcountr
yMinMaMgivenMyear.



GrossMprofitMmarginM-MAnswerMRatioMofMgrossMprofitMtoMnetMsales.



HRMauditM-
MAnswerMProcessMtoMmeasureMtheMeffectivenessMandMefficiencyMofMHRMprogramsMand
Mpositions.



HumanMcapitalM-
MAnswerMCombinedMknowledge,Mskills,MandMexperienceMofMaMcompany'sMemployees.