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SPHR Questions - Part 68
1. The best way for HR to contribute to the development of an organization's strategic plan using internal business operational factors is to do which of the following?
A) Interpret and apply internal operational information such as the relationships between departments
B) Scan the legal and regulatory environment
C) Analyze industry changes
D) Stay informed of technological developments
2. effective for a company with three distinct commodities for sale?
A) Functional structure
B) Flat-line structure
C) Divisional structure
D) Product-based structure
3. According to the Toxic Substance Control Act, documentation of hazardous material exposures must be kept on file for how many years?
A) 25
B) 15
C) 5
D) 30
4. Which of the following is another term for a profit and loss statement?
A) Income statement
B) Fiscal year summary
C) Balance sheet
D) Statement of cash flow
5. Which of the following Acts was the first federal legislation to regulate minimum wages?
A) Fair Labor Standards Act
B) Walsh Healy Public Contracts Act
C) Davis Bacon Act
D) Service Contract Act
A) Interpret and apply internal operational information such as the relationships between departments
B) Scan the legal and regulatory environment
C) Analyze industry changes
D) Stay informed of technological developments
2. effective for a company with three distinct commodities for sale?
A) Functional structure
B) Flat-line structure
C) Divisional structure
D) Product-based structure
3. According to the Toxic Substance Control Act, documentation of hazardous material exposures must be kept on file for how many years?
A) 25
B) 15
C) 5
D) 30
4. Which of the following is another term for a profit and loss statement?
A) Income statement
B) Fiscal year summary
C) Balance sheet
D) Statement of cash flow
5. Which of the following Acts was the first federal legislation to regulate minimum wages?
A) Fair Labor Standards Act
B) Walsh Healy Public Contracts Act
C) Davis Bacon Act
D) Service Contract Act
1. Right Answer: A
Explanation: Answer option A is correct.The ability to interpret and apply information related to internal sources allows HR to respond to specific elements of an organization's strategic plan. For example, understanding how an HRIS system can integrate with an accounting database is one example of cross-functional strategic decisions. Scanning the legal and regulatory environment (B), analyzing industry changes (C), and staying abreast of technological advances (D) are all examples of external forces that impact a strategic plan.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
2. Right Answer: D
Explanation: Answer option D is correct.A product-based structure is useful for an organization with multiple well-defined product lines. The structure and subsequent job responsibilities are divided by product line, rather than shared company-wide. The functional structure (A) is the more traditional format where the organization is divided by departments such as production and sales. A divisional structure (C) groups the company based on market or industry, useful for decentralized divisions. A flat line structure (B) is a different term for a seamless organization, one in which hierarchies do not exist.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
3. Right Answer: D
Explanation: Answer option D is correct.Manufacturers, importers, processors, and distributors of toxic chemicals must keep records related to hazardous material exposures, including claims of occupational diseases, for 30 years from the report date.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
4. Right Answer: A
Explanation: Answer option A is correct.An income statement, also referred to as a profit and loss statement, provides financial information about revenue and expenses in a set reporting period. The statement of cash flow (D) communicates the ways in which monies came in and out of the organization, and the balance sheet (C) is a thumbnail sketch of assets, liabilities, and equity at a certain time.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
5. Right Answer: C
Explanation: Answer option C is correct.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Employee Records Management
Explanation: Answer option A is correct.The ability to interpret and apply information related to internal sources allows HR to respond to specific elements of an organization's strategic plan. For example, understanding how an HRIS system can integrate with an accounting database is one example of cross-functional strategic decisions. Scanning the legal and regulatory environment (B), analyzing industry changes (C), and staying abreast of technological advances (D) are all examples of external forces that impact a strategic plan.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
2. Right Answer: D
Explanation: Answer option D is correct.A product-based structure is useful for an organization with multiple well-defined product lines. The structure and subsequent job responsibilities are divided by product line, rather than shared company-wide. The functional structure (A) is the more traditional format where the organization is divided by departments such as production and sales. A divisional structure (C) groups the company based on market or industry, useful for decentralized divisions. A flat line structure (B) is a different term for a seamless organization, one in which hierarchies do not exist.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
3. Right Answer: D
Explanation: Answer option D is correct.Manufacturers, importers, processors, and distributors of toxic chemicals must keep records related to hazardous material exposures, including claims of occupational diseases, for 30 years from the report date.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
4. Right Answer: A
Explanation: Answer option A is correct.An income statement, also referred to as a profit and loss statement, provides financial information about revenue and expenses in a set reporting period. The statement of cash flow (D) communicates the ways in which monies came in and out of the organization, and the balance sheet (C) is a thumbnail sketch of assets, liabilities, and equity at a certain time.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Review Questions
5. Right Answer: C
Explanation: Answer option C is correct.Chapter: Core Knowledge Requirements for HR ProfessionalsObjective: Employee Records Management
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