IMANET-CMA Exam Questions & Answers

Exam Code: IMANET-CMA

Exam Name: Certified Management Accountant (CMA)

Updated: Apr 16, 2024

Q&As: 1336

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Practice These Free Questions and Answers to Pass the IMANET Certifications Exam

Questions 1

The customer value triad includes A. Loyalty.

B. Cost.

C. Quantity.

D. Serco.

Show Answer
Questions 2

A distribution channel

A. May consist only of a producer and an ultimate customer

B. Performs sales and goods delivery functions only.

C. Is chosen after other marketing policies are determined.

D. Performs functions that involve only forward flows of activities

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Questions 3

Suppose exchange rates, prior to the introduction of the euro, between U.S. dollars and Swiss francs is SF

1.62 = $ 1.00 and the exchange rate between the U.S. dollar and the German mark is $1.00 = 1.50 DM. What is the cross-rate of Swiss francs to German marks?

A. 2.62

B. 1.08

C. 1.62

D. 0.93

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Questions 4

Troy Toys is a retailer operating in several cities. The individual store managers deposit daily collections at a local bank in a non-interest bearing checking account. Twice per week1 the local bank issues a depository transfer check (DTC)to the central bank at headquarters. The controller of the company is considering using a wire transfer instead. The additional cost of each transfer would be $25; collections would be accelerated by 2 days; and the annual interest rate paid by the central bank is 7.2%(0.02% per day). At what amount of dollars transferred would it be economically feasible to use a wire transfer instead of the DTC? Assume a 360-day year.

A. It would never be economically feasible.

B. $125000 or above.

C. Any amount greater than $173.

D. Any amount greater than $62,500.

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Questions 5

The following data pertains to XYZ Company for the current year of operations.

How many units does XYZ Company need to produce and sell to make a before-tax profit of 10% of sales?

A. 65000 units.

B. 36.562 units.

C. 90,000 units.

D. 25,000 units.

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