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IMA CMA-Financial-Planning-Performance-and-Analytics Exam Dumps Questions and Answers

Exam Code: CMA-Financial-Planning-Performance-and-Analytics
Certification: CMA Certification
Vendor: IMA
Last Update: May 4, 2024
Questions: 112
10  Customers Passed IMA CMA-Financial-Planning-Performance-and-Analytics
86%  Average Success In Real Exam
93%  Questions came word by word from this dump
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CMA Part 1: Financial Planning - Performance and Analytics Exam Questions and Answers

Questions 1

Inherent risk factors involved in the revenue recognition process include each of the following except

Options:

A.

computerization of the process by which sates receipts and credit memoranda are recorded

B.

breakdown of segregation of duties controls

C.

Industry factors that affect pricing, terms and discounts

D.

legal factors that affect product warranties, returns and liabilities

Questions 2

A manufacturing company is considering implementing activity-based costing. Which one of the following statements is a valid consideration when making this change?

Options:

A.

Activity-based costing systems may not replace traditional costing systems used for prepar.ng external financial statements.

B.

Companies that make diverse products are least likely to benefit from activity based costing

C.

An activity-based costing system is more costly to maintain than a traditional costing system

D.

In an activity-based costing system, all costs including idle capacity costs, are allocated to products, customers and other costing objects

Questions 3

The amount of the loss on the impairment of an intangible asset equals the

Options:

A.

expected future net cash flows

B.

difference between the fair value and the expected future net cash flows

C.

difference between the carrying amount and the fair value

D.

carrying amount and the expected future cash flows