CHRP Diagnostic Exam - HR Metrics, Reporting and Financial Mgmt

Question 1 of 18

1

Which of the following does NOT necessarily require an internet or intranet
connection?

Select one of the following:

  • Employee portals

  • Cloud computing

  • Social media

  • HRIS

Explanation

Question 2 of 18

1

Which of the following initiatives facilitates the identification of best practices?

Select one of the following:

  • Setting baselines

  • Conducting benchmarking

  • Establishing balanced scorecards

  • Creating dashboards

Explanation

Question 3 of 18

1

Which two types of metrics are captured in an HR dashboard?

Select one of the following:

  • ) HR metrics and human capital metrics

  • Process metrics and results metrics

  • Monetary metrics and non-monetary metrics

  • Short-term and long-term metrics

Explanation

Question 4 of 18

1

When assessing HR practices, measuring horizontal fit will ensure:

Select one of the following:

  • Alignment with the organization's strategic plan

  • Alignment between HR programs

  • Alignment with other departments' priorities

  • Alignment with employee value proposition

Explanation

Question 5 of 18

1

What federal legislation governs the collection and distribution of employee
information?

Select one of the following:

  • PIPEDA

  • Human Rights Code

  • Employment Standards Act

  • Labour Relations Act

Explanation

Question 6 of 18

1

The 5C Model of HR Impact includes all of the following EXCEPT:

Select one of the following:

  • Client satisfaction

  • Consistency of practice

  • Compliance

  • Culture management

Explanation

Question 7 of 18

1

Compa-ratio is a metric that measures:

Select one of the following:

  • Compensation effectiveness

  • Salary distribution

  • Company performance curve

  • Compliance with legal requirements

Explanation

Question 8 of 18

1

If an interview question accurately predicts high performance on the job, this is an
example of:

Select one of the following:

  • Criterion-related validity

  • Construct validity

  • Concurrent validity

  • Reliable validity

Explanation

Question 9 of 18

1

Inter-rater reliability occurs when:

Select one of the following:

  • Multiple candidates give the same answer to an interview question

  • Multiple candidate assessments yield the same result

  • Multiple interviewers give a candidate a similar rating

  • Multiple applications of the same measurement results in the same outcome

Explanation

Question 10 of 18

1

What forecasting methodology involves a group of experts in face-to-face
meetings?

Select one of the following:

  • Nominal Group Technique

  • Delphi Technique

  • Regression Analysis

  • Markov Analysis

Explanation

Question 11 of 18

1

Measures of central tendency include all of the following EXCEPT:

Select one of the following:

  • Median

  • Mode

  • Mean

  • Quartile

Explanation

Question 12 of 18

1

There are a number of data collection designs for evaluating HR initiatives. Which
type of design is necessary in order to assess causal relationships?

Select one of the following:

  • Qualitative designs

  • Quantitative designs

  • Experimental designs

  • Time series designs

Explanation

Question 13 of 18

1

Which of the following is used to evaluate the performance of different selection
systems by comparing the net gains that accrue to the organization through their
use?

Select one of the following:

  • Selection efficiency

  • Predictive validity

  • Utility analysis

  • Candidate acceptance rates

Explanation

Question 14 of 18

1

How do you calculate the return on investment of a training program?

Select one of the following:

  • Divide the net benefit of the program by the program cost

  • Subtract the program's cost from the program's benefit

  • Divide the benefits of the program by the cost of the program

  • Compare the monetary cost of the program to its non-monetary benefits

Explanation

Question 15 of 18

1

The quantitative plan that distributes funds to various functional areas is referred to
as:

Select one of the following:

  • A balance sheet

  • A critical path

  • A budget

  • A cash flow statement

Explanation

Question 16 of 18

1

Which of the following would be an example of a criterion-referenced assessment?

Select one of the following:

  • Measuring an employee's performance against specific performance
    standards

  • Measuring an employee's performance against the performance of team
    members

  • Measuring an employee's performance relative to a normal curve

  • Measuring an employee's performance against the employee's own previous
    performance

Explanation

Question 17 of 18

1

Which of the following is false about time-series analysis?

Select one of the following:

  • Past data are used to predict future situations.

  • Ratio/trend analysis is a form of time-series analysis.

  • It is used to calculate the correlation coefficient between a dependent
    variable and an independent variable.

  • It is a forecasting tool used to predict future demand for resources.

Explanation

Question 18 of 18

1

Which of the following describes the Six Sigma doctrine?

Select one of the following:

  • Continuous improvement initiative

  • Personality assessment tool

  • Training evaluation methodology

  • Motivation theory

Explanation

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