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CP SHRM Practice Test- Questions and Answers (Verified Answers) Latest Update 2024

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CP SHRM Practice Test- Questions and Answers (Verified Answers) Latest Update 2024

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  • August 31, 2024
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CP SHRM Practice Test- Questions and
Answers (Verified Answers) Latest
Update 2024
What is Human Capital Planning? - Correct Answer ✅
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? - Correct Answer ✅ 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? - Correct Answer ✅ Legislation influences the
relationship between employers and employees, and the
human resources professional is responsible for
understanding this relationship. The legislation that will affect

,CP SHRM Practice Test- Questions and
Answers (Verified Answers) Latest
Update 2024
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? - Correct Answer ✅ 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? - Correct
Answer ✅ 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? -
Correct Answer ✅ Environmental Scanning, Formulating
strategy, Implementing strategy, Making adjustments to
strategy

,CP SHRM Practice Test- Questions and
Answers (Verified Answers) Latest
Update 2024
Democratic Leadership Style: - Correct Answer ✅ a type of
leadership style in which members of the group take a more
participative role in the decision-making process.



Coaching Leadership Style: - Correct Answer ✅ 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: - Correct Answer ✅ 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: - Correct Answer ✅ a
style of leadership where a leader works with subordinates to
identify needed change, creating a vision to guide the change

, CP SHRM Practice Test- Questions and
Answers (Verified Answers) Latest
Update 2024
through inspiration, and executing the change in tandem with
committed members of a group.



What standard budget responsibilities does HR have? -
Correct Answer ✅ Payroll taxes, travel expenses, repairs
and maintenance, & employee benefits.



The FLSA retains a certification of age for all employees for
how long? - Correct Answer ✅ Until their employment is
terminated.



When is a company required to pay their employee more
than the federal minimum wage? - Correct Answer ✅ 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? - Correct Answer ✅ 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.

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