Ch. 6 · Practice
Business Acumen
- Question 1 · Knowledge
Which financial statement shows a company's assets, liabilities and equity at a single point in time?
- Question 2 · Knowledge
A leadership program costs $50,000. HR estimates it produced $65,000 in measurable benefits. What is the ROI?
- Question 3 · Knowledge
In a SWOT analysis, a tight labor market for software engineers in the company's region is a(n):
- Question 4 · Knowledge
A CFO asks every department to justify each budget line from scratch for next year. This is:
- Question 5 · Knowledge
Which balanced scorecard perspective includes employee training and skills development?
- Question 6 · Knowledge
A company and a foreign partner each contribute capital to create a new, jointly owned company to manufacture products in the partner's country. This is a:
- Question 7 · Situational judgment
An HR manager wants approval for a $200,000 HRIS upgrade. Which approach is MOST likely to win the CFO's support?
- Question 8 · Knowledge
A company in the maturity stage of its life cycle is MOST likely to focus HR efforts on:
- Question 9 · Knowledge
The current ratio is calculated as:
- Question 10 · Knowledge
Which is a leading indicator?