Human Resources Certification Institute (HRCI) Practice Exam

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Study for the HRCI Exam. Enhance HR knowledge with multiple choice questions and explanations. Prepare effectively for your certification!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.


Fiduciary responsibility is expected of which of the following?

  1. A human resource professional

  2. A board of directors

  3. A chief financial officer

  4. All of the above

The correct answer is: All of the above

Fiduciary responsibility is the obligation to act in the best interest of others, typically in a financial or legal context. This responsibility is expected of all the roles listed, as each one has a duty to make decisions that prioritize the well-being and financial security of others. A human resource professional has a fiduciary responsibility to employees, a board of directors has a fiduciary responsibility to shareholders, and a chief financial officer has a fiduciary responsibility to the company's financial well-being. Therefore, the best answer is D, because all of the roles listed are expected to have fiduciary responsibility in their respective areas. Option A is incorrect because it only refers to a specific type of fiduciary responsibility, rather than all forms. Option B is incorrect because it only mentions one role, while the question is asking about all possible roles with fiduciary responsibility. Option C is incorrect because it also only mentions one specific role, rather than all the roles listed.