Free Online IMANET CMA Practice Test

Prepare Your IMANET CMA Exam Questions with Free online CMA Practice Test. Get Brilliant Certified Management Accountant Exam Results with Valid CMA Exam Dumps.

Page: 1 / 268

Total 1336 Questions | Updated On: May 13, 2024

Add To Cart

Question 1

Donnelly Corporation manufactures and sells T-shirts imprinted with collage names and slogans. Last

year, the shirts sold for $7.50 each, and the variable cost to manufacture them was $2.25 per unit,

The company needed to sell 20.000 shirts to break even. The net income last year was $5,040.

Donnelly’s expectations for the coming year include the following:

• The sales price of the T-shirts will be $9

• Variable cost to manufacture will increase by one-third

• Fixed costs will increase by 10%

• The income tax rate of 40% will be unchanged

Sales for the coming year are expected to exceed last year’s by 1000 units. If this occurs. Donnelly’s

sales volume in the coming year will be?

A : 22,600 units.

B : 21,960units.

C : 23.400 units.

D : 21,000 units.

Answer: A

Question 2

Decisions are frequently classified as those made under certainly and those made under uncertainly. Certainly exists when

A : The probability of the event is less than 1.

B : There is absolutely no doubt that an event will occur.

C : There is more than one outcome for each possible action.

D : There is risk involved.

Answer: B

Question 3

Using the information collected, the organization should focus on the

A : Total number of personal computer complaints that occurred.

B : Number of computer complaints associated with CD problems and new software usage.

C : Number of computer complaints associated with the lack of user knowledge and hardware problems.

D : Costs to alleviate all computer complaints.

Answer: C

Question 4

The following steps make up the stages of a theory of constraints (TOO) analysis. I. Determine the most profitable product mix given the constraint. II. Increase capacity at the constraint. Ill. Dentin the constraint. IV. Redesign the manufacturing process. V. Maximize the flow through the constraint. If executed in the correct order, the sequence is

A : lll,lIl,V,IV.

B : Ill, II, I, V, IV.

C : III, II, I, IV, V.

D : III, I, V, II, IV.

Answer: D

Question 5

In a market research application, which form of contact is the most costly and administratively complex but also the most versatile?

A : Mail questionnaire.

B : Online contacts.

C : Telephone contact.

D : Personal interviewing.

Answer: D

Page: 1 / 268

Total 1336 Questions | Updated On: May 13, 2024

Add To Cart