PHP CERTIFICATION EXAM REAL QUESTIONS WITH
100% CORRECT SOLUTIONS 2023/A+ GRADE
Accounts Payable - Correct answer-Money an organization owes its
... [Show More] vendors and
suppliers.
Accounts Receivable - Correct answer-Money an organization's customers owe the
organization.
Action Plans - Correct answer-Detailed steps a unit, department, or team will take in
order to achieve short-term objectives.
Amendment - Correct answer-Modification or the Constitution or a law; modification may
be either formal (written) or informal (unwritten).
Assets - Correct answer-Financial, physical, and sometiems intangible properties an
organization owns.
Balance Sheet - Correct answer-Statement of a firm's financial position at a particular
time.
Balanced scorecard - Correct answer-Measurement approach that provides an overall
picture of an organization's performance as measured against goals in finance,
customers, internal business processes, and learning and growth.
Bill - Correct answer-Proposal presented to a legislative body for possible enactment as
a law.
Break-even analysis - Correct answer-Analysis that shows point in time at which total
revenue associated with a program is equal to the total cost of the program.
Business Case - Correct answer-Description of an organizational challenge and
possible alternative solutions, arguing for specific solution.
Capacity - Correct answer-To an operations department, the ability to yield output.
Cash flow statement - Correct answer-Record of how much cash is flowing into and out
of an organization, including its sources or destinations.
Centralization - Correct answer-Degree to which decision-making authority is restricted
to higher levels of management in an organization.
PHP CERTIFICATION EXAM REAL QUESTIONS WITH
100% CORRECT SOLUTIONS 2023/A+ GRADE
Code of ethics - Correct answer-Principles of conduct within an organization that guide
decision making and behavior.
Consumer price index - Correct answer-Measure of the average change over time in the
prices paid by consumers for goods and services.
Control - Correct answer-To an operations department, an after-the-fact evaluation of a
company's ability to meet its own specifications and its customers' needs.
Correlation - Correct answer-Measure that indicates the relationship between two
variables.
Cost-benefit analysis - Correct answer-Ratio of value created to cost of creating that
value; allows management to determine the financial impact particular activities and
programs have on an organization's profitability.
Decentralization - Correct answer-Degree to which decision-making authority is given to
lower levels in an organization's hierarchy.
Departmentalization - Correct answer-Way an organization groups jobs to coordinate
work.
Divestiture - Correct answer-Sale by a company of an asset that is not performing well,
that is not core to the company's business, or [Show Less]