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HRCI PHR (PHR ) Practice Tests & Test Prep by Exam Edge


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HRCI PHR Practice Test Features

Everything you need to pass your certification exam!


Preparing for the HRCI Professional in Human Resources exam? Our practice tests can help you get the most out of your studying, with features like:

  • Instant access to your online practice exams
  • Unlimited Test Access - available 24/7
  • Timed, untimed, and "study guide" modes
  • Detailed explanations for each question
  • 10 online practice exams
  • 1,000 unique questions, if you purchase all 10 exams
See what makes our HRCI PHR practice tests a critical tool for effective exam prep, below.


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HRCI Professional in Human Resources Sample Test

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The balance sheet is a basic financial statement that shows three things. They are:





Correct Answer:
assets, liabilities, and equity
the balance sheet is a fundamental financial statement used by businesses to provide a snapshot of the company's financial position at a specific point in time. it primarily displays three key components: assets, liabilities, and equity. let's delve deeper into each of these components:

**assets** are resources owned by the business that are expected to bring future economic benefits. these include both current assets, such as cash and accounts receivable, which are expected to be converted into cash within one year, and non-current assets, like property, plant, and equipment, which are used over a longer period. assets are listed on the balance sheet at their current value and are typically organized in order of liquidity.

**liabilities** represent the obligations of the company that arise from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services, or other yielding of economic benefits in the future. liabilities are classified as either current liabilities, which are due within one year, or long-term liabilities, which are due beyond one year. common examples of liabilities include loans, accounts payable, and mortgages.

**equity**, also known as shareholders' equity or owner's equity, represents the owner's claims on the assets of the business after all liabilities have been deducted. essentially, equity is the net amount of funds invested in the business by its owners plus any retained earnings. it serves as an indicator of the financial health of the business. components of equity include common stock, preferred stock, additional paid-in capital, retained earnings, and treasury stock.

the balance sheet is organized such that the total assets always equal the total of liabilities plus equity, which is commonly referred to as the accounting equation: \[ \text{assets} = \text{liabilities} + \text{equity} \] this equation must balance because every financial transaction affects at least two of these accounts in a way that maintains the equation’s balance.

the balance sheet does not show income, expenses, or cash flow directly. these elements are reflected in other financial statements such as the income statement and the cash flow statement. the income statement provides details about the company's revenues and expenses, which lead to the net income or loss over a specific period. the cash flow statement, on the other hand, shows changes in the balances of accounts over time and breaks down the cash inflows and outflows from operating, investing, and financing activities.

in conclusion, understanding the balance sheet is crucial for stakeholders to assess the financial stability and operational capability of a business. it helps in evaluating the level of risk and return and provides a basis for making financial decisions and strategic planning.


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Features of Exam Edge HRCI Professional in Human Resources Practice Tests

Our HRCI PHR practice tests offer the following features to give you a comprehensive and customizable exam prep experience:


Accessible HRCI PHR Practice Tests

  • Instant online practice tests: Because our practice exams are web-based, there is no need to wait for software to download or physical supplies to arrive in the mail. Once you purchase a bundle of practice tests, you can start using them immediately!
  • Unlimited test access: Our practice tests never expire. You can revisit each test as much as you would like in order to review the questions and answers.
  • Available 24/7: You can pause and resume our practice tests to suit your schedule, at any time of day. Start a practice test in the morning, pause it at noon, and pick it back up at midnight!
  • Access your test from any device: Our practice tests are available across multiple devices. As long as you have an internet connection, you can start a practice test on your desktop computer and continue it on your laptop, tablet, or smartphone for on-the-go flexibility.
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Realistic HRCI Professional in Human Resources Practice Exam Questions

  • 100 multiple choice unique questions per exam: Each practice test is unique and matches the length of the real HRCI PHR exam so you can practice time management and learn how to maintain focus for the duration of the test.
  • 10 online practice exams: Select our largest test bundle for the ultimate HRCI Professional in Human Resources test prep package - 10 practice tests each test contains 100 unique questions that's 1,000 unique questions to make you incredibly ready for test day.

Helpful HRCI Professional in Human Resources Study Guides

  • Detailed explanations for each question: Each HRCI PHR practice test question comes with explanations for both correct and incorrect answers to help you understand and learn from your mistakes.
  • Repeated attempts on each practice test: You can take each unique practice test up to 4 times to strengthen your recall, hone your pacing, and build your test-taking stamina.

How HRCI Professional in Human Resources Practice Tests Work

Our unique HRCI PHR practice test environment is the closest thing you will find to the actual test, with one exception: we tell you which questions you answered correctly and which you answered incorrectly. And most importantly, we explain why! Our practice test questions give you step-by-step explanations in an easy-to-understand format. This opportunity to understand the practice exam questions and review your answers in depth will bolster your test prep and get you ready for success on test day.

** Sample images, content may not apply to your exam **

We also know that everyone likes to study differently, so we offer three different ways to use your HRCI Professional in Human Resources practice exams:

  • Timed HRCI PHR Practice Test Mode: Timed tests are just like the HRCI PHR exam. Our system sets the test time to the same time limit, or time limit per question, that you will experience with the actual exam on test day. This is a great method of practicing your pacing, especially if you're concerned about completing your exam within the time limit.

  • Untimed HRCI Professional in Human Resources Practice Test Mode: With this option, you can take your time and thoroughly consider each question before answering. This rush-free mode is recommended for those dipping their toes into exam prep or just starting on their journey to take the HRCI PHR . It is a great way to test your knowledge with no time limit and highlight blind spots you will need to come back to in your studies - one of the many advantages of taking HRCI PHR practice exams with Exam Edge!

  • HRCI Professional in Human Resources Study Guide Mode: Not sure where to even begin with your studying? Try a practice test in explanation mode. The questions act as a study guide, giving you the option to see the answers as you take the test. Study guide mode is an effective way to review the HRCI PHR exam subject matter before you take the exam in a timed format. We recommend taking a practice test in explanation mode and taking thorough notes as the best method for beginning your test prep.

Test Prep Beyond HRCI Professional in Human Resources Practice Exam Questions

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Learn how to solve the entire test-taking puzzle with Exam Edge's HRCI Professional in Human Resources practice tests! Such exams don't just measure what you know -- they are also a test of how well you perform under pressure. The right type of test preparation helps you familiarize yourself not only with the material you are being tested on but also the format of the test, to help you beat test-taking anxiety. That is the kind of valuable experience you will get with our practice tests and exam prep so you can walk into your exam as prepared as possible and feel ready to pass your HRCI PHR exam.



Digital Flashcards

Are you looking to boost your HRCI Professional in Human Resources exam preparation? Add a pack of digital flashcards to your study routine. Flashcards offer a unique way to enhance your understanding of the material in several ways:

  • Enhanced Retention: Flashcards reinforce learning from practice tests through active recall and spaced repetition, which improves memory retention.
  • Flexibility: You can use them anytime, anywhere, when you have limited time, and when you cannot complete a practice test.
  • Immediate Feedback: Instant feedback on flashcards helps quickly identify and focus on improvement areas.

Using digital flashcards with practice tests offers you the best chance at passing your HRCI PHR exam by improving your understanding and retention.

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HRCI Professional in Human Resources Study Guide



Exam Edge Study Guide overview

HRCI Professional in Human Resources Study Guides are available to anyone purchasing a test bundle of 10 or more practice tests.

Here is a summary of the information included in the HRCI PHR Study Guides:

  • Strategies for Passing Multiple Choice Tests: Understanding the exam format and structure is essential to taking an exam. You can follow these tips to better approach a multiple-choice exam.
  • Comprehensive Study Tips: Preparing for your certification exam can be daunting. These study tips provide you with a road map to making your study time as efficient as possible.
  • Exam Domains: Having an early grasp on what is on the HRCI PHR certification exam is critical. It helps you plan what you need to study to be sure you are ready for your exam.
  • Beating Stress: Dealing with exam stress can be very difficult and severely affect your exam performance. Here are some strategies to help you combat that stress.
  • Review Key Terms: Reviewing key terms and concepts that will be vital to passing your exam.
  • Build a Study Schedule: Managing how to study for the exam can be as stressful as taking the actual exam. Follow the study schedule to maximize your preparation.

We continuously strive to provide resources that empower you to achieve your academic goals. Our Practice Tests, Digital Flash Cards, and Study Guides have been expertly crafted to support a wide range of subjects, and are tailored to foster a deeper understanding and retention of key concepts required to pass your HRCI Professional in Human Resources certification exam. Using all three of these will ensure you master the skills you need to pass your certification exam.