SHRM CP Practice Test | 133 QUESTIONS WITH COMPLETE SOLUTIONS
What is Human Capital Planning? Correct Answer: Human Capital planning is a systematic
process for identifying the resource pool and its capabilities to meet organization goals and
developing the strategies to meet the requirements to fulfill those goals. A Human Management
Capital plan is forward thinking; the questions asked look at the present and into the future.
What is an environmental scan and how does it pertain to strategic planning? Correct Answer:
An environmental scan has to do with the gathering of information that will help to project
company growth and development. An environmental scan helps a company to review historical
data to begin the process of preparing for expected or planned growth in the company.
Why do HR professionals need to understand the legal process? Correct Answer: Legislation
influences the relationship between employers and employees, and the human resources
professional is responsible for understanding this relationship. The legislation that will affect a
business often will affect the business's relationship with its employees.
What is the first step that must be taken for an idea to be presented as a bill to congress? Correct
Answer: When an idea for a bill originates from an individual or business outside of Congress,
the idea must first be submitted to a member of congress (or MOC). This MOC may be either a
senator or representative.
What is the Foreign Corrupt Practices Act of 1977? Correct Answer: Establishes the rules for
preventing bribery and penalizing occurrences of it within corporations that exist in several
countries.
What are the steps in the strategic planning process? Correct Answer: Environmental Scanning,
Formulating strategy, Implementing strategy, Making adjustments to strategy