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Features Of CertGear's SPHR Certification Practice Test

  • Learn As You Go - Detailed explanations tell you not just the right answer, but why the right answer is right and the wrong answers are wrong. References for further study are also provided.

  • Customized Options - You decide the way you want to take the testing including:
    Timed, Live scoring, Randomization, Ask Incorrect, Show Answer, Select # of questions.

  • Ask Only The Questions You Got Wrong - This is a great feature. At the end of the exam, instead of being asked every question again, you can tell the test engine to only ask you questions that you got incorrect.

  • Randomization - The tests in our certification mode are dynamic, not fixed like some other practice tests are, so you'll get a new test every time. Each test is timed and the objectives are weighted the same as on the real exam.

  • History - The test engine keeps a history of all the exams and scores you have achieved on those tests. You can easily track your progress and help determine when you are ready to take the actual exam.

  • Categories - Many tests contain categories for you to selectively study topics. Additionally, you can see your grade in each category at the end of the exam.

  • Graphic Scoring - Graphical Breakdown Of Exam Results To Pinpoint Areas To Focus Your Study Effort..

  • Updates - Keep Up-To-Date With The Most Current And Most Accurate Exam Questions / Answers / Explanations With Complimentary Product Updates.

 

Free SPHR Certification Practice Questions:

The economy has been in a recession for the last six months, and market analysts are still very uncertain about the timing of a potential turnaround. An organization is in a market niche that has been severely impacted by the change in economy.

Its sales revenue has decreased by 40%. The company is just beginning to look at its next year’s annual operating plan. Which of the following types of methods should this corporation utilize when budgeting for next year’s outlook?

  • A) Incremental budgeting
  • B) Formula budgeting
  • C) Zero-based budgeting
  • D) Benchmarking

    • [Ans: C]

    • Due to the harsh economy, the organization may need to make some radical changes. It needs to account for the value of every dollar spent. Therefore, the company should adopt a method that justifies each expense.

    • Zero-base budgeting provides for the analysis of alternative methods of operation and various levels of effort. It places new objectives and operations on an equal footing with existing ones by requiring that program priorities be ranked, thereby providing a systematic basis for allocating resources.

    • On the other hand, incremental budgeting bases the new budget on the utilization of the prior budget and the new needs and objectives for each program in the coming year.

    • Formula budgeting applies a specific formula across the organization to calculate funding. For example, a corporation may decide to make 10% budget cuts across all departments. These two budgeting methods do not build accountability for allocating resources to programs that will maximize the return on investments spent, which is required in a recession economy.

    • Finally, benchmarking does not have anything to do with budgeting. It is a means of assessing the best practices and performance goals out in the market amongst top competitors.

     

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