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Exam (elaborations)

SHRM PRACTICE TEST QUESTIONS WITH CORRECT ANSWERS 2025

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SHRM PRACTICE TEST QUESTIONS WITH CORRECT ANSWERS 2025

Institution
PSC Finance And Business Skills
Course
PSC Finance and Business Skills











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Institution
PSC Finance and Business Skills
Course
PSC Finance and Business Skills

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Uploaded on
March 28, 2025
Number of pages
37
Written in
2024/2025
Type
Exam (elaborations)
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SHRM PRACTICE TEST QUESTIONS
WITH CORRECT ANSWERS 2025
WhatDcompanyDisDusingDaDcorporateDstrategyDofDdifferentiation?

A.DADcompanyDsellsDinDvolumeDandDoffersDdiscountsDtoDitsDbestDcustomers.

B.DTheDfinishedDproductDisDsoldDatDaDlowerDpriceDthanDthatDofDtheDcompetition.

C.DADcompanyDdevelopsDaDproductDthatDisDuniquelyDeasyDtoDuseDandDchargesDaDpremiumDprice.

D.DADcompanyDordersDlargeDquantitiesDofDpartsDtoDgetDtheDgreatestDdiscount.D-
DCORRECTDANSWERD-


C.DADcompanyDdevelopsDaDproductDthatDisDuniquelyDeasyDtoDuseDandDchargesDaDpremiumDprice.



DifferentiationDfocusesDonDsettingDaDproductDorDserviceDapartDbyDgivingDitDuniqueDcharacteristicsDt
hatDconsumersDvalueDandDforDwhichDtheyDwillDpayDaDpremium.DTheDotherDoptionsDdealDwithDwaysD
toDcreateDaDcostDadvantage.



WhatDtypeDofDlearnersDacquireDknowledgeDmostDeffectivelyDthroughDaDhands-onDapproach?

A.DSynthesisDlearners

B.DKinestheticDlearners

C.DVisualDlearners

D.DAuditoryDlearnersD-DCORRECTDANSWERD-B.DKinestheticDlearners



KinestheticDlearners,DalsoDknownDasDtactileDlearners,DlearnDbestDthroughDaDhands-
onDapproach.DTheyDpreferDtoDactivelyDexploreDtheDphysicalDworldDaroundDthem.DTheyDmayDfindDitD
hardDtoDsitDstillDforDlongDperiodsDandDmayDbecomeDdistractedDbyDtheirDneedDforDactivityDandDexplo
ration.



WhatDfinancialDdocumentDlistsDtheDrevenues,Dexpenses,DandDprofitsDofDanDorganizationDforDaDdesi
gnatedDperiodDofDtime?

A.DBalanceDsheet

,B.DIncomeDStatement

C.DFinancialDstatement

D.DAccountingDentriesD-DCORRECTDANSWERD-B.DIncomeDStatement



TheDincomeDstatementDshowsDrevenues,Dexpenses,DandDprofitsDforDtheDorganization.DTheDbalance
DsheetDshowsDitsDassets,Dliabilities,DandDshareholders'Dequity.




HowDcanDdataDanalyticsDbeDusedDtoDimproveDemployeeDrecruitmentDandDretention?

A.DPredictingDemployeeDpreferencesDandDaligningDHRDpracticesDaccordingly

B.DCommunicatingDbenefitsDofDemploymentDconsistently

C.DProtectingDemployeeDdataDagainstDinternalDandDexternalDsecurityDbreaches

D.DTrackingDandDcreatingDreportsDonDcomplianceDwithDproceduresD-DCORRECTDANSWERD-
A.DPredictingDemployeeDpreferencesDandDaligningDHRDpracticesDaccordingly



DataDanalyticsDcollectsDinformationDandDcanDanalyzeDitDtoDdetectDpatternsDandDpredictDemployeeD
needsDandDpreferences.DForDexample,DreportDofDanDincreaseDinDparentalDleavesDmayDcallDforDreexa
minationDandDrevisionDofDleaveDpoliciesDtoDattractDandDretainDemployees.DDataDanalyticsDisDnotDaDc
ommunicationDorDsecurityDtool.DItDcanDbeDusedDtoDanalyzeDcompliance,DbutDthisDisDnotDlikelyDtoDim
proveDemployeeDrecruitmentDandDretention.



ChainDofDcommandDrefersDtoDthe...

A.DextentDtoDwhichDpoliciesDandDproceduresDgovernDtheDrulesDofDtheDorganization.

B.DnumberDofDindividualsDwhoDreportDtoDaDsupervisor.

C.DlineDofDauthorityDwithinDanDorganization.

D.DbalanceDbetweenDstandardizationDandDlocalization.D-DCORRECTDANSWERD-
C.DlineDofDauthorityDwithinDanDorganization.

,ChainDofDcommandDrefersDtoDaDlineDofDauthorityDwithinDanDorganization.DAuthorityDrelatesDtoDtheD
scopeDofDresponsibilitiesDthatDdefineDtheDareaDinDwhichDaDmanagerDisDempoweredDtoDmakeDdecisi
ons.DItDisDgrowingDlessDdistinctDinDmanyDorganizationsDtoday.



AfterDconductingDaDreferenceDbackgroundDcheck,DHRDdiscoversDthatDaDleadingDcandidateDmisrepre
sentedDdatesDofDpreviousDemploymentDonDbothDtheDresumeDandDtheDjobDapplication.DWhatDisDthe
DmostDprobableDoutcomeDofDlearningDthisDinformation?



A.DCheckDcriminalDrecordsDforDfeloniesDorDmisdemeanors.

B.DConductDaDcreditDhistoryDcheckDwithDaDconsumerDreportingDagency.

C.DAskDforDreferencesDaboutDtheDemployee'sDprofessionalism.

D.DDoDnotDextendDanDofferDofDemployment.D-DCORRECTDANSWERD-
D.DDoDnotDextendDanDofferDofDemployment.



EveryDemployerDhasDaDlegalDdutyDtoDexerciseDdueDdiligenceDinDhiring.DInDcertainDcircumstances,DanD
employerDmayDgiveDtheDcandidateDtheDopportunityDtoDexplainDresultsDofDaDreferenceDbackgroundD
checkDthatDmightDhaveDanDadverseDeffectDonDanDemploymentDdecision.DHowever,DmostDjobDapplic
ationsDincludeDaDstatementDthatDsigningDtheDjobDapplicationDattestsDtoDtheDtruthfulnessDofDtheDinf
ormationDcontainedDinDtheDdocument.DSomeDemployersDevenDadviseDcandidatesDatDtheDonsetDofDt
heDapplicationDprocessDaboutDtheDpotentialDnegativeDconsequencesDofDprovidingDanyDfalseDorDinte
ntionallyDmisleadingDinformation.



AnDorganizationDconductsDaDpayDsurveyDandDfindsDthatDsomeDofDitsDkeyDemployeesDareDunderpaid.
DTheyDwantDtoDraiseDtheDpayDforDtheseDemployeesDbutDareDconcernedDaboutDaddingDtoDtheirDsalar


yDburden.DWhichDofDtheDfollowingDisDtheirDBESTDoption?

A.DIncentiveDpay

B.DStep-rateDadjustmentsDlinkedDtoDperformance

C.DMarket-basedDincreases

D.DCost-of-livingDadjustmentsD-DCORRECTDANSWERD-A.DIncentiveDpay

, ByDdefinition,DincentiveDpayDisDpayingDforDperformanceDbeyondDnormalDexpectations.DEmployeesD
receiveDtheDincentiveDpayDonlyDifDspecificDgoalsDareDmet.DAsDlongDasDincentiveDpayDandDbaseDpayDar
eDnotDcommingled,DemployeesDshouldDperceiveDitDasDaDrewardD(andDnotDanDentitlement)DandDtheD
employerDwillDbenefitDfromDaDgreaterDreturnDonDinvestmentDforDperformanceDbeyondDnormalDexp
ectations.



WhatDisDtheDESSENTIALDconceptDbehindDtheDstakeholderDtheory?

A.DAnDorganizationDaffectsDandDisDaffectedDbyDcomplexDinterests.

B.DTrueDvalueDmustDbeDdeterminedDbyDtheDincreaseDinDaDfirm'sDnetDworth.

C.DOrganizationsDmustDseeDemployeesDasDpartnersDratherDthanDfoes.

D.DAllDstakeholdersDmustDreceiveDvalueDforDaDfirmDtoDbeDconsideredDsociallyDresponsible.D-
DCORRECTDANSWERD-A.DAnDorganizationDaffectsDandDisDaffectedDbyDcomplexDinterests.




TheDstakeholderDconceptDproposesDthatDanyDorganizationDoperatesDwithinDaDcomplexDenvironme
ntDinDwhichDitDaffectsDandDisDaffectedDbyDaDvarietyDofDforcesDorDstakeholders,DwhoDallDshareDinDtheD
valueDofDtheDorganizationDandDitsDactivities.



WhatDactionDreflectsDtheDrequirementsDofDdueDprocessDinDaDdisciplinaryDprocess?

A.DEnsuringDthatDdisciplinedDemployeesDhaveDaDchanceDtoDdefendDthemselves

B.DOfferingDmultipleDchancesDforDreformingDproblematicDbehaviorsDorDperformance

C.DRequiringDformalDlegalDreviewDbeforeDactionDisDtaken

D.DComplyingDwithDunionDcontractDrequirementsDforDhandlingDgrievancesD-DCORRECTDANSWERD-
A.DEnsuringDthatDdisciplinedDemployeesDhaveDaDchanceDtoDdefendDthemselves



DueDprocessDisDaDprincipleDthatDensuresDthatDemployeesDareDinformedDofDexpectationsDandDtheDco
nsequencesDofDfailureDtoDmeetDthoseDexpectations,DareDtreatedDfairlyDandDfactually,DandDareDallow
edDanDopportunityDtoDdefendDthemselvesDandDappealDtheDdecision.DTheDconceptDofDmultipleDchan
cesDrefersDtoDtheDprocessDofDprogressiveDdiscipline.DDueDprocessDisDnotDrestrictedDtoDunionizedDwo
rkplaces.DAnDattorney'sDreviewDmayDbeDadvisableDbutDisDnotDrequiredDtoDhaveDfulfilledDtheDobligati
onDofDprovidingDanDemployeeDwithDdueDprocess.

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