Practice Test- SHRM CP Questions and Answers Rated A+

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Practice Test- SHRM CP Questions and Answers Rated A+ What is Human Capital Planning? ✔✔Human Capital planning is a systematic process for identifying the resource pool and its capabilities to ... meet organization goals and developing the strategies to meet the requirements to fulfill those goals. A Human Management Capital plan is forward thinking; the questions asked look at the present and into the future. What is an environmental scan and how does it pertain to strategic planning? ✔✔An environmental scan has to do with the gathering of information that will help to project company growth and development. An environmental scan helps a company to review historical data to begin the process of preparing for expected or planned growth in the company. Why do HR professionals need to understand the legal process? ✔✔Legislation influences the relationship between employers and employees, and the human resources professional is responsible for understanding this relationship. The legislation that will affect a business often will affect the business's relationship with its employees. What is the first step that must be taken for an idea to be presented as a bill to congress? ✔✔When an idea for a bill originates from an individual or business outside of Congress, the idea must first be submitted to a member of congress (or MOC). This MOC may be either a senator or representative. What is the Foreign Corrupt Practices Act of 1977? ✔✔Establishes the rules for preventing bribery and penalizing occurrences of it within corporations that exist in several countries. What are the steps in the strategic planning process? ✔✔Environmental Scanning, Formulating strategy, Implementing strategy, Making adjustments to strategyDemocratic Leadership Style: ✔✔a type of leadership style in which members of the group take a more participative role in the decision-making process. Coaching Leadership Style: ✔✔Coaching leaders are very effective in settings where performance or results need improvement. They help others to advance their skills; they build bench strength, and provide a lot of guidance. The coaching leadership style is most effective when followers are more responsible, experienced, and agreeable. Transactional Leadership Style: ✔✔a style of leadership that focuses on supervision, organization, and performance; transactional leadership is a style of leadership in which leaders promote compliance by followers through both rewards and punishments. Transformational Leadership Style: ✔✔a style of leadership where a leader works with subordinates to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group. What standard budget responsibilities does HR have? ✔✔Payroll taxes, travel expenses, repairs and maintenance, & employee benefits. The FLSA retains a certification of age for all employees for how long? ✔✔Until their employment is terminated. When is a company required to pay their employee more than the federal minimum wage? ✔✔When state minimum wage is higher than the federal minimum wage, the company is required to pay the state minimum wage over the federal . What is adverse impact? ✔✔The phrase adverse impact or unintentional discrimination refers to the selection rate of the a protected class being less than 80% of the selection rate of the highest group.What's involved in the human resources professional's analysis of staffing needs? ✔✔Create a list of necessary KSAs that will encourage company growth, Develop a list of employees who might be ready for promotion, Consider various hiring options for any open positions, as well as positions that will be open in the near future, and Review the results of past hiring decisions to increase the potential success of future decisions. Short-form Application ✔✔Consists of a pre-made form designed to obtain general information. Short-form applications are best used for positions that do not require a large number of specialized skills or for individuals within the organization, attempting to change positions. Long-form Application ✔✔Is a pre-made form designed to obtain a more in-depth idea of an individual's skills or knowledge. A long form application is the most commonly used general employment application. General Employment Application ✔✔Requests information related to employment history, education, and overall background. Job-Specific Employment Application ✔✔Is used by organizations needing to fill a large number of similar positions or hire individuals for similar positions on a regular basis. Weighted Employment Application ✔✔Are forms requesting answers to questions or information related to specific requirements necessary to perform the duties associated with the position. Each requirement is then assigned a weight based on its importance to the position. What are the HR professional's primary role in assisting a department with conducting an effective interview? ✔✔To offer any requested advice on preparing for and setting up interviews. Contrast Bias ✔✔Unconsciously contrasting other candidates with the first candidate interviewed.Cultural Noise Bias ✔✔Occurs when the candidate responds with pointed answers that are aimed at making the interviewer happy rather than answering in a natural way. Halo Bias ✔✔Occurs when the interviewer considers only one quality of the candidate over his other qualities, such as shyness that might detract from the candidate's true record of achievement. Leniency Bias ✔✔Means the interviewer is lenient in regard to a candidate's potential weakness. Negative Emphasis Bias ✔✔Means the interviewer places too much weight on the candidate's weakness. Knowledge-of-Predictor Bias ✔✔Means the interviewer responds to the candidate based on knowledge about the candidate's scores on evaluative tests that were given. Stereotyping Bias ✔✔Occurs when an interviewer bases a personal opinion about a candidate on a stereotype of the candidate rather than evaluating the candidate as objectively as possible. Recency Bias ✔✔Means the interviewer compares a candidate to the most recent candidate that was interviewed. Non-verbal Bias ✔✔Occurs when the interviewer is over-influenced by body language instead of the candidate's responses. The Uniform Guidelines on Employee Selection Process (UGESP) requires that testing be focused on what? ✔✔Reliability & Validity What is the purpose of establishing required qualities of reliability and validity? ✔✔To avoid discrimination against protected classes.The WARN Act was designed to do what? ✔✔Offer rights for workers who have been laid off. What is organization development? ✔✔The process by which a human resources professional analyzes the elements of an organization's makeup and considers opportunities for improvement. What are the four categories of intervention, according to Cummings and Worley? ✔✔Technostructural, Human Resource Management, Human Process, and Strategic. In the workplace, the Meyers-Briggs Type Indicator is primarily used for what? ✔✔It is primarily used as a personality test to enable individuals to understand their personalities better and to assist staff members in appreciating how to interact with their co-workers more effectively. What does the instructional design acronym known as ADDIE stand for? ✔✔Analysis, Design, Development, Implementation, and Evaluation. What is facilitation? ✔✔Facilitation is an instructional method that enables employees to work together on problem-solving techniques while under the guidance of a facilitator, or third-party expert in helping different groups interact effectively. What is a vestibule training method? ✔✔An instructional training method in which employees are trained in simulated situations. What is the purpose of total rewards strategy? ✔✔The purpose is one of reviewing the budget and finding out how much of the budget is available for establishing rewards that will retain employees. What major factors are in the process of establishing employee compensation within an organization? ✔✔IRS Rules, Conditions in the labor market, Current economic situations, and competition from other companies.What is covered by FLSA? ✔✔Minimum wage, Exemption conditions for employees, Work conditions for children under 18, and overtime. What does The McNamera-O'Hara Service Contact Act cover? ✔✔Federal Service Contracts What is a benchmark position? ✔✔Benchmark positions are simply the types of positions that are common within all organizations, such as administrative assistants. How long does someone need to be employed at a company before they are eligible for FMLA leave? ✔✔12 months (does not have to be consecutive). COBRA states that a company must provide a defined amount of health benefits for its it employees, if it employs at least how many employees? ✔✔20 What is a deferred employee compensation program? ✔✔Deferred compensation is a portion of an employee's compensation that is set aside to be paid at a later date. In most cases, taxes on this income are deferred until it is paid out. (Ex: retirement plans, pension plans, & stock-option plans). Why was The Health Insurance Portability and Accountability Act added to ERISA? ✔✔For the express purpose of forbidding any type of health benefit discrimination toward employees based on pre-existing health problems or conditions. What type of voluntary benefit program utilizes a typical pension plan in which the employer adds an established benefit to the plan when the employee retires? ✔✔Defined Benefit Plan What are some examples of a benefit accrual plan? ✔✔Paid time off, Vacation time, & sick time. What is a defined contribution plan? ✔✔A type of retirement plan in which the employer, employee or both make contributions on a regular basis.What is a non-qualified plan? ✔✔A type of tax-deferred, employer-sponsored retirement plan that falls outside of employee retirement income security act guidelines. Non-qualified plans are designed to meet specialized retirement needs for key executives and other select employees. What is a qualified plan? ✔✔A qualified plan is provides IRS-approved tax advantages but without extra benefits for shareholders or executives. The most common types of qualified plans are profit sharing plans, defined benefit plans,and money purchase pension plans. I [Show More]

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