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: Feb 17, 2025

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Question 1

Using the information collected, the organization should focus on the

A : tal number of personal computer complaints that occurred.

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

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

D : ts to alleviate all computer complaints.

Answer: C

Question 2

Which of the following is not a characteristic of a multinational strategy adopted by a global marketing organization?

A : product is customized (or each market.

B : ntral control of the production process is strong.

C : strategy is most effective when there are strong differences between countries.

D : oduction costs incurred are higher than in a global or global strategy.

Answer: B

Question 3

Which of the following is not a category of relevant cash flows’?

A : nual net cash flows

B : oject termination cash flows.

C : cremental cash flows.

D : t initial investment.

Answer: C

Question 4

AA Company has purchased one share of QQ Company common stock and one put option. It has also

sold one call option. The options are written on one share of QQ Company common stock and have

the same maturity date and exercise price. The exercise price ($40) is the same as the share price.

Moreover, the options are exercisable only at the expiration date. Assuming the present value of the

exercise price is $36 and the value of the call is $4.50. the value of the put in accordance with the

put-call panty theorem is

A : $450

B : $400

C : $50

D : $0

Answer: C

Question 5

Willis, Inc. has a desired rate of return of 15% and is considering the acquisition of a new machine

which costs $400,000 and has a useful life of 5 years. Willis projects that earnings and cash flow will

increase as follows:

What is the payback period of Willis’ investment?

A : 1.5 years.

B : 3.0 years.

C : 3.3 years.

D : 4.0 years.

Answer: B

Page: 1 / 268

Total 1336 Questions | Updated On: Feb 17, 2025

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