Confidently Practice Online with Free CMA-Strategic-Financial-Management Exam Cram

Practice your CMA Part 2 Strategic Financial Management certification test with free CMA-Strategic-Financial-Management exam cram and take control of your certification preparation. At FreeExamCram, you can practice online for free using real CMA-Strategic-Financial-Management exam dumps, verified questions, and expert-designed free online practice tests. Moreover our IMANET CMA-Strategic-Financial-Management exam cram backed by our confidence-boosting refund guarantee.

Question 1

As the number of stocks in a portfolio increases, unsystematic risk

Options :

A : decreases and systematic risk decreases

B : increases, and systematic risk increases

C : decreases and systematic risk does not change

D : increases, and systematic risk does not change

Answer: C

Question 2

IF a company does not have a code of conduct, the company most likely

Options :

A : is missing important guidance on ethical decision making

B : will lack an expressed statement of values regarding ethical behavior

C : can use its statement of values instead to implement ethics in daily decision making

D : must find another way to express its ethical principles

Answer: A

Question 3

Which one or the following costs Is a variable product cost?

Options :

A : Office rent in a temporary staffing company

B : Plant manager s salary for a computer chip manufacturer

C : Payroll taxes based on the hourly wages of plant personnel

D : Promotional materials distributed to raise brand awareness

Answer: C

Question 4

L&H Sports owns and operates several stadiums used for baseball and soccer games Management is considering installing machines that would be used to roast peanuts on the premises. This equipment would allow L&H to sell freshly roasted peanuts rather than the pre-roasted peanuts that are currently sold Marketing studies suggest that this feature would increase peanut sales. The roasters can be purchased in several sizes, and the annual rental fees and operating costs vary with the size of the roaster Information about the roasters is shown below.

CMA-Strategic-Financial-Management-page49-image21

L&H currently sells pre-roasted peanuts for $0 60 pet bag. Management plans to sell the freshly roasted peanuts for a higher price but at no more than a 10% increase. The demand for freshly roasted peanuts is estimated to be 250, 000 bags pet year. Which roaster should L&H purchase to maximize its profit?

Options :

A : Economy

B : Regular

C : Super

Answer: B

Question 5

The best discount rate to the use for evaluate of investment opportunities is the

Options :

A : opportunity cost of capital

B : risk-free interest rate

C : average market interest rate

D : cost of the company-s debt

Answer: A