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The Professional in Human Resources (SPHR) certification exam is a significant achievement for individuals working in the human resources field. The SPHR certification is offered by the Human Resource Certification Institute (HRCI), which is the premier organization for human resources professionals globally. The SPHR Exam is designed to assess the knowledge, skills, and abilities of HR professionals who have significant experience in the field.
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To be eligible for the SPHR exam, candidates must have at least four years of experience in a professional-level HR position, or a combination of education and experience that equals four years. Additionally, candidates must have a master's degree or higher, or a bachelor's degree and five years of experience in a professional-level HR position. SPHR Exam consists of 150 multiple-choice questions and takes approximately three hours to complete.
NEW QUESTION # 111
Which of the following refers to the ability of a team to share and build upon their ideas without holding anything back?
Answer: A
Explanation:
Explanation/Reference:
Answer option B is correct.
Chapter: Human Resource Development
Objective: Organization Development
NEW QUESTION # 112
An organization made $50 million last year and has 10 million shares of stock outstanding. The organization's earnings per share is:
Answer: B
Explanation:
Earnings Per Share (EPS) = Net Income ÷ Number of Outstanding Shares
= $50 million ÷ 10 million shares
=$5 per share
Extract from HRCI-aligned HR knowledge: In theLeadership and Strategydomain, SPHR candidates are expected to understandkey financial metricslike EPS, which is a standard measure oforganizational profitability. Mastery of such indicators supportsstrategic alignment between HR and finance.
NEW QUESTION # 113
A statement of cash flows is a financial report that tells you which of the following?
Answer: A
Explanation:
Section: Volume B
Explanation/Reference:
Answer option A is correct.
A statement of cash flows provides information about the money that flowed through the business. It identifies whether the cash was received from customers, loans, or other sources; how much cash was spent to operate the business; and how much was reinvested in the business. A balance sheet describes the financial condition of the business at a specific point in time (B). The income statement, or profit and loss statement, tells you the financial results of operations over a period of time (D). An accounts-receivable ledger describes how much money is owed to the company by each customer (C). See Chapters 2 and 3 for more information.
Chapter: Core Knowledge Requirements for HR Professionals
Objective: Basic Budgeting and Accounting
NEW QUESTION # 114
Your manager has approached you regarding her desire to outsource certain functions to an external firm.
She would like for you to create a document to send to three vendors asking them for solutions for these functions that your organization is to outsource. What type of a procurement document would you create and send to the vendors in this instance?
Answer: A
Explanation:
Explanation/Reference:
Answer option C is correct.
A request for proposal (RFP) is a procurement document that asks the vendor to provide solutions, ideas, and detailed information about the outsourced function. The vendor will provide a proposal in response to the RFP. An RFP is often sent with a statement of work that details the outsourcing need that the vendor is to provide a solution and a price.
Answer option A is incorrect. A Request for Quote (RFQ) is a procurement document that asks the vendor to provide just a price for the solution to be purchased - no ideas or suggestions are needed from the vendor. RFQ are often used with materials, such as cost per metric ton or cost per unit.
Answer option B is incorrect. An invitation for bid (IFB) is identical to the request for quote. It is a procurement document asking the vendor for a fixed price for a specific thing to be purchased.
Answer option D is incorrect. A request for information (RFI) asks the vendor for more information about their solution, services, or company. An RFI could ask for samples, references of work, white papers, and more information.
Reference: PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Three: Strategic Management. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-
44149-4, Section III, The US HR Body of Knowledge.
Chapter: Core Knowledge Requirements for HR Professionals
Objective: Needs Assessment and Analysis
NEW QUESTION # 115
As an HR Professional, you must be familiar with certain theories and insights about organizational culture, organizational development, and management. Who addressed organizational culture as "that's the way we do things around here"?
Answer: B
Explanation:
Section: Volume D
Explanation/Reference:
Answer option A is correct.
Edgard Schein of MIT's Sloan School of Management is the individual who defined organizational culture as
"that's the way we do things around here."
Answer option B is incorrect. Herzberg's Theory of Motivation describes the elements that motivate performance in an individual.
Answer option C is incorrect. Deming is a leader in quality management but didn't address organizational culture, directly.
Answer option D is incorrect. Kennedy is a part of the team Deal and Kennedy who described the four dimensions of organizational culture.
Reference: PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Seven: Employee and Labor Relations. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-
44149-4, Section III, The US HR Body of Knowledge.
Chapter: Human Resource Development
Objective: Organization Development
NEW QUESTION # 116
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