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Exam Code: SPHRi
Exam Name: Senior Professional in Human Resources - International
Certification Provider: HRCI
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NEW QUESTION: 1
Which section in permissions would you navigate to provide access to the "My Processes" user interface?
A. SAP System Configuration
B. Payroll System Assignment
C. Payroll Control Center Configuration
D. General User Permission
NEW QUESTION: 2
Phoenix Products Inc. requires a new machine to produce a part for a solar air conditioner. Two companies have submitted bids, and you have been assigned the task of choosing one of the machines.
Cash flow analysis indicates the following:
Year Machine A Machine B
If the cost of capital for Phoenix Products is 5 percent, which of the following is the most valid statement?
A. The NPV(A) > NPV(B), therefore accept Machine A.
B. The NPV(A) < NPV(B), therefore accept Machine B.
C. The IRR(A) > IRR(B), therefore accept Machine A.
D. The IRR(A) < IRR(B), therefore accept Machine B.
E. Take neither A nor B since the cost of capital is greater than the internal rate of return.
NPV(A) = $1,938(PVIF(5%,4)) - $1,000
= $1,938(0.8227) - $1,000 = $1,594.39 - $1,000 = $594.39.
NPV(B0 = $417(PVIFA(5%,4)) - $1,000
= $417(3.5460) - $1,000 = $1,478.68 - $1,000 = $478.68.
Therefore, accept Machine A since NPV(A) > NPV(B).
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