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CMA Exam Questions & Answers

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CMA Exam Questions & Answers

Vendor: IMANET

Certifications: IMANET Certifications

Exam Code: CMA

Exam Name: Certified Management Accountant

Updated:

Q&As: 1336

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Free CMA Exam Questions in PDF Format

CMA Online Practice Questions and Answers

Questions 1

Which security is most often held as a substitute for cash?

A. Treasury bills.

B. Common stock.

C. Gold.

D. Aar corporate bonds.

Show Answer
Questions 2

How much does each additional sales dollar contribute toward profit for a firm with $4 million break-even level of revenues and $1 .2 million in fixed costs including depreciation?

A. $0.30

B. $0.33

C. $0.50

D. $0.67

Show Answer
Questions 3

A company has unlimited capital funds to invest. The decision rule for the company to follow in order to maximize shareholders' wealth is to invest in all projects having a(n)

A. Present value greater than zero.

B. Net present value greater than zero.

C. Internal rate of return greater than zero.

D. Accounting rate of return greater than the hurdle rate used in capital budgeting analyses.

Show Answer More Questions

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