100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
PHR Certification Study Guide Solutions $13.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. Prep Tests
  4.  
  5. Prep Tests

Exam (elaborations)

PHR Certification Study Guide Solutions
 0 view  0 purchase
  • Course
  • Prep Tests
  • Institution
  • Prep Tests

PHR Certification Study Guide Solutions Accounts Payable - ANSWER-Money an organization owes its vendors and suppliers. Accounts Receivable - ANSWER-Money an organization's customers owe the organization. Action Plans - ANSWER-Detailed steps a unit, department, or team will take in order to ...

[Show more]

Preview 4 out of 48  pages

Document information

  • November 11, 2024
  • 48
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • phr certification study guide solutions

Written for

  • Prep Tests
  • Prep Tests

Seller

avatar-seller
OliviaWest

Reviews received

Content preview

Copyright © OLIVIAWEST 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED




PHR Certification Study Guide
Solutions




Accounts Payable - ANSWER✔✔-Money an organization owes its vendors and

suppliers.


Accounts Receivable - ANSWER✔✔-Money an organization's customers owe the

organization.


Action Plans - ANSWER✔✔-Detailed steps a unit, department, or team will take in

order to achieve short-term objectives.

Copyright ©Stuvia International BV 2010-2024
Page 1/48

, Copyright © OLIVIAWEST 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED


Amendment - ANSWER✔✔-Modification or the Constitution or a law; modification

may be either formal (written) or informal (unwritten).


Assets - ANSWER✔✔-Financial, physical, and sometiems intangible properties an

organization owns.


Balance Sheet - ANSWER✔✔-Statement of a firm's financial position at a particular

time.


Balanced scorecard - ANSWER✔✔-Measurement approach that provides an overall

picture of an organization's performance as measured against goals in finance,

customers, internal business processes, and learning and growth.


Bill - ANSWER✔✔-Proposal presented to a legislative body for possible enactment as a

law.


Break-even analysis - ANSWER✔✔-Analysis that shows point in time at which total

revenue associated with a program is equal to the total cost of the program.


Business Case - ANSWER✔✔-Description of an organizational challenge and possible

alternative solutions, arguing for specific solution.


Capacity - ANSWER✔✔-To an operations department, the ability to yield output.


Cash flow statement - ANSWER✔✔-Record of how much cash is flowing into and out

of an organization, including its sources or destinations.


Copyright ©Stuvia International BV 2010-2024
Page 2/48

, Copyright © OLIVIAWEST 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED


Centralization - ANSWER✔✔-Degree to which decision-making authority is restricted

to higher levels of management in an organization.


Code of ethics - ANSWER✔✔-Principles of conduct within an organization that guide

decision making and behavior.


Consumer price index - ANSWER✔✔-Measure of the average change over time in the

prices paid by consumers for goods and services.


Control - ANSWER✔✔-To an operations department, an after-the-fact evaluation of a

company's ability to meet its own specifications and its customers' needs.


Correlation - ANSWER✔✔-Measure that indicates the relationship between two

variables.


Cost-benefit analysis - ANSWER✔✔-Ratio of value created to cost of creating that value;

allows management to determine the financial impact particular activities and

programs have on an organization's profitability.


Decentralization - ANSWER✔✔-Degree to which decision-making authority is given to

lower levels in an organization's hierarchy.


Departmentalization - ANSWER✔✔-Way an organization groups jobs to coordinate

work.


Divestiture - ANSWER✔✔-Sale by a company of an asset that is not performing well,

that is not core to the company's business, or that is worth more as a separate entity.
Copyright ©Stuvia International BV 2010-2024
Page 3/48

, Copyright © OLIVIAWEST 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED


Divisional structure - ANSWER✔✔-Organizational structure in which segments ae

separated by product, customer or market, or region.


Due diligence - ANSWER✔✔-Process of conducting an intensive investigation of an

organization as one of the first steps in a pending merger or acquisition.


Electronic Communications Privacy Act (ECPA) - ANSWER✔✔-Act that makes it

unlawful to intercept messages in transmission, access stored information on electronic

communication services, or disclose this information.


Enterprise management - ANSWER✔✔-Integrated processes and tools to allow

information sharing and process management across functions, sometimes even with

external partners, such as suppliers.


Environmental scanning - ANSWER✔✔-Process that involves a systematic survey and

interpretation of relevant data to identify external opportunities and threats.


Equity - ANSWER✔✔-Amount of owners' or shareholders' portion of a business.


Ethics - ANSWER✔✔-System of moral principles and values that establish appropriate

conduct.


Extended organization - ANSWER✔✔-Alliance between organizations to create

processes and information channels that allow communication and collaboration.


Financial ratios - ANSWER✔✔-Calculations designed to describe an organization's

financial health and performance from various perspectives.
Copyright ©Stuvia International BV 2010-2024
Page 4/48

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81989 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart