Free IMANET CMA Exam Questions

Become IMANET Certified with updated CMA exam questions and correct answers

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Total 1336 Questions | Updated On: Oct 28, 2025

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Question 1

Zero-based budgeting forces managers to

A : timate a product’s revenues and expenses over its expected life cycle.

B : epare a budget based on historical costs.

C : rmulate s budget by objective rather than function.

D : tify all expenditures at the beginning of every budget period.

Answer: D

Question 2

The following information regarding inventor policy was assembled by the JRJ Corporation. The

company uses a 50- week year in all calculations.

The reorder point is

A : 3,300 units.

B : 2,100 units.

C : 800 units.

D : 1,300 units.

Answer: B

Question 3

The retail petroleum industry consists of a few large firms that sell a standardized product. Which of the following best describes this industry?

A : nopoly

B : igopoly

C : nopolistic competition

D : re competition

Answer: B

Question 4

The common stock of the Nicolas Corporation is currently selling at $80 per share. The leadership of

the company intends to pay a $4 per share dividend next year With the expectation that the dividend

will grow at 5% perpetually, what will the markets required return on investment be for Nicolas

common stock’?

A : 5%

B : 6. 5.25%

C : 7.5%

D : 10%

Answer: D

Question 5

The 5 Ms of the advertising process include

I. Mission

II. Money

Ill. Market sensing

IV. Mass marketing

V. Media

A : and III only.

B : ll1andVonly.

C : , IV, and V only.

D : I lll, IV, and V.

Answer: B

Page: 1 / 268

Total 1336 Questions | Updated On: Oct 28, 2025

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