HRCI SPHR Exam With Confidence Using Practice Dumps

Answer option A is correct.A statement of cash flows provides information about the money that flowed through the business. It identifies whether the cash was received from customers, loans, or other sources; how much cash was spent to operate the business; and how much was reinvested in the business. A balance sheet describes the financial condition of the business at a specific point in time (B). The income statement, or profit and loss statement, tells you the financial results of operations over a period of time (D). An accounts-receivable ledger describes how much money is owed to the company by each customer (C). See Chapters 2 and 3 for more information.

Chapter: Core Knowledge Requirements for HR Professionals

Objective: Basic Budgeting and Accounting

Answer option D is correct.Formative evaluations are designed to gather information prior to the design of training to measure the needs of the participants. This allows the designer to include content and exercises that will aid in the participant transfer of the training to the job. Summative evaluations (A, C) are used after the training has taken place, and often include a measure of participant reactions and trainer evaluations (B).

Chapter: Human Resource Development

Objective: Review Questions