Free IMA CMA-Strategic-Financial-Management Exam Dumps Questions & Answers

A retail company sells numerous products m its one department store. The income statements tot two of these products are shown below

After reviewing the income statements, the president is considering drooping one or both products. Which produces), if any should the company discontinue?

• A.Product B only
• B.Product A only
• C.Both Product A and Product B
• D.Neither Product A nor Product B

A group of nations is considering me formation of a cartel associated with the manufacture and distribution of a product that they each export. Which one of the following outcomes would not be consistent with me formation of a carter?

• A.An increase m the net profits for each of the individual cartel members
• B.A selling price where marginal revenue equals marginal cost
• C.An increase in the selling price of the manufactured product
• D.An increase in the output of the manufactured product

An accounting manage' is deciding which performance measurement tool would be most appropriate to compare firms within their company s industry given that the firms vary in size significantly. Which one of the following analysis methods would be the most appropriate?

• A.Sensitivity analysis
• B.Horizontal analysis
• C.Cash flow analysis
• D.Vertical analysis

Abex Employment Agency has requested an increase in the firm's line of credit, and the bank is reviewing Abex's sales and collections history Although the firm's sales have increased the bank is concerned about the credit quality of the firm's customers Based on the following information calculate the average collection period for the firm Use a 365-day year in your calculations.

• A.99 days
• B.88 days
• C.80 days
• D.101 days

Which one or the following costs Is a variable product cost?

• A.Office rent in a temporary staffing company
• B.Plant manager s salary for a computer chip manufacturer
• C.Payroll taxes based on the hourly wages of plant personnel
• D.Promotional materials distributed to raise brand awareness