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: Jul 09, 2025

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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 oneof the following best describes the difference between a normal costing system and an actual costing system?

A : rect labor cost is estimated using a predetermined rate under a normal costing system, while it is the actual value under an actual costing system.

B : rect material cost is estimated using a predetermined rate under a normal costing system while it is the actual value under an actual costing system

C : ctory overhead cost is estimated using a predetermined rate under a normal costing system,while it is me actual value under an actual costing system.

D : th direct labor cost and direct material cost are estimated using a predetermined rate under a normal costing system, while they are the actual value under an actual costing system

Answer: C

Question 4

A heating. ventilation, and air conditioning (HVAC) company estimates that n takes a new team of technicians 100 labor hours to install its first HVAC system and that there is an 80% learning rate What are theestimated

total labor hours for a new team to complete its first four installations?

A : 256.

B : 295.

C : 320.

D : 340.

Answer: A

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: Jul 09, 2025

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