Free Test Prep CBM Exam Questions

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Total 357 Questions | Updated On: Jun 15, 2026

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Question 1

The formula to calculate the Sales (units) is:

A : Sales (units) = (Fixed costs + Target profit) / break-even sales

B : Sales (units) = (variable costs + Target profit) / break-even purchases

C : Sales (units) = (Fixed costs + Target profit) / Unit contribution margin

D : Sales (units) = (variables costs + Target profit) / Unit contribution margin

Answer: C

Question 2

The average length of time between the purchase of raw materials and labor and the payment of cash for them is called:

A : Accounts payable period

B : Capital investment cycle

C : Payable deferral period

D : Purchase goods duration

Answer: C

Question 3

Power that results from characteristics that command subordinates’ identification with, respect and admiration for, and desire to emulate the leader is called:

A : Personal power

B : Expert power

C : Referent power

D : Autocratic power

Answer: C

Question 4

The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals is called:

A : Marketing

B : Promotion

C : Selling

D : Advertising

Answer: A

Question 5

Measuring your performance against that of best-in-class companies, determining how the best-in-class achieve those performance levels, and using the information as a basis for your own company’s targets, strategies and implementation is called:

A : Benchmarking

B : Flowcharting

C : Reengineering

D : Redesign

Answer: A

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Total 357 Questions | Updated On: Jun 15, 2026

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