Free IMANET CMA-Financial-Planning-Performance-and-Analytics Exam Questions

Become IMANET Certified with updated CMA-Financial-Planning-Performance-and-Analytics exam questions and correct answers

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Total 115 Questions | Updated On: May 10, 2026

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Question 1

All of the following are limitations of teaming curve analysis except that

A : learning rate tends to be affected by seasonality in sales

B : estimated learning rate might be unreliable because other factors could have caused the change

C : learning rate is assumed to be constant

D : is appropriate only for labor-intensive repetitive tasks

Answer: A

Question 2

Faxton and Rexford are competitor in the same industry Faxton utilizes an incentive program mat focuses

solely on net income Rexford uses customer service and employee development in addition to net income in

its incentive program. Over time. Faxton can be expected to

A : ve higher sales growth than Rexford due to management s strong focus

B : less likely to misstate earnings due to the importance of earnings to management

C : more profitable than Rexford initially Put lose this advantage

D : nsistently be more profitable than Rexford due to not funding training programs

Answer: B

Question 3

Which one of the following items is included in accumulated other comprehensive income?

A : ins and losses on the sale of equipment

B : fect of a change in accounting method

C : alized gains on available-for-sale securities

D : reign currency translation adjustments

Answer: D

Question 4

Collins Corporation manufactures its products in a highly automated, just-in-time environment and uses a standard cost system. The variance that would cause the least concern would be a

A : 6% unfavorable fixed overhead volume variance caused by work stoppages because of missing parts

B : 9% unfavorable material price variance caused by changing to a supplier that would support the company's just-in-time needs.

C : 30% unfavorable direct labor efficiency variance caused by idle time while waiting for goods to be received from a previous manufacturing department

D : 12% unfavorable variable overhead spending variance caused by keeping equipment running during times when there is no production activity

Answer: B

Question 5

Which one of the following statements best defines datagovernance?

A : ocedures implemented by the board of directors to manage data.

B : framework used to oversee the availability, usability and integrity of data

C : company's framework for supervising and managing the IT function

D : corporate records retention policy setting out the contents of the system data records

Answer: C

Page: 1 / 23

Total 115 Questions | Updated On: May 10, 2026

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