Which of the Following Is True with Regard to the Professional

question 13

Multiple Choice

Which of the following is true with regard to the Professional in Human Resources certification exam?

• A) To take this exam, an HR professional must have at least five years' experience.
• B) This exam is designed for HR professionals who focus on designing and planning, rather than actual implementation.
• C) In this test, the greater focus is on the strategic aspect of HRM.
• D) This test has an international perspective.
• E) Workforce planning, human resource development, risk management, and labor relations are some of its components.

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Definitions:

Working Capital Strategy

A business approach focusing on managing a company's operational needs efficiently by balancing current assets and current liabilities to maintain liquidity.

Long-term External Financing

Funding obtained from sources outside the company, typically through issuing equity or long-term debt, intended for periods longer than one year.

Aggressive

An assertive stance or policy in business or investment, typically involving higher risks for the possibility of higher returns.

Financial Planning Process

A comprehensive evaluation of an individual's or organization's current and future financial state by using currently known variables to predict future cash flows and asset values.