Human Resources & Talent Development Flashcards
7 cards from real Series 3 – The National Commodities Futures Test practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Human Resources & Talent Development flashcards as text
In the Kirkpatrick model of training evaluation, Level 1 measures what?
Answer: Learner reaction
Level 1 gauges participants' reaction to the training, such as satisfaction.
Which description best distinguishes mentoring from coaching?
Answer: Mentoring is typically a longer-term relationship focused on career growth
Mentoring is usually a broader, longer-term developmental relationship, while coaching targets specific skills or performance.
What is the main purpose of succession planning?
Answer: Preparing internal talent to fill key roles when vacancies occur
Succession planning builds a pipeline of ready successors for critical positions.
A 360-degree feedback review collects input from whom?
Answer: Managers, peers, direct reports, and sometimes the employee
360-degree feedback gathers multi-source perspectives around the employee.
How is the employee turnover rate commonly calculated?
Answer: Separations divided by average headcount
Turnover rate equals the number of separations over a period divided by average headcount, usually shown as a percentage.
In the SMART goal framework, what does the "M" stand for?
Answer: Measurable
SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound.
In Herzberg's two-factor theory, which of these is a hygiene factor?
Answer: Salary and working conditions
Hygiene factors such as pay and conditions prevent dissatisfaction but do not by themselves motivate.
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Sources & references
Exam facts on this page (fees, format, dates, passing scores) are checked against these official sources; the date is our last check. Editorial policy
- finra.org — Score release, test dates, test delivery, fees, exam format, passing score · verified Oct 2026
- nfa.futures.org — Eligibility, score validity · verified Oct 2026