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IMA CMA-Strategic-Financial-Management Exam With Confidence Using Practice Dumps

Exam Code:
CMA-Strategic-Financial-Management
Exam Name:
CMA Part 2: Strategic Financial Management Exam
Certification:
Vendor:
Questions:
124
Last Updated:
Nov 22, 2024
Exam Status:
Stable
IMA CMA-Strategic-Financial-Management

CMA-Strategic-Financial-Management: CMA Certification Exam 2024 Study Guide Pdf and Test Engine

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CMA Part 2: Strategic Financial Management Exam Questions and Answers

Question 1

The internal audit division of a company is investigating a potential fraud in the Accounts Payable department Someone in the department has been writing checks to fictitious vendors and collecting the cash The primary suspect Is an employee who has own with the company for twelve years and recently lost his Did for promotion to Director of Accounts Payable a position which would have given mm a 25% salary increase This employee has been heard complaining to several other employees in the department that he was cheated out of his raise. Which one of the following elements of the fraud triangle is this employee exhibiting?

Options:

A.

Pressure

B.

Rationalization

C.

Motive

D.

Opportunity

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Question 2

Company A is concerned with its debt status and interested in analyzing how each one of the following activities might affect its to equity ratio. Assuming each activity is independent, which one of following activities is

Options:

A.

Purchase back some of its common stock during the year.

B.

Acquiring a subsidiary and consolidating for year-end financial statements.

C.

Changing its inventory method from LIFO to weighted average.

D.

Creating a separate entity to purchase a needed machine and leasing it from this entity.

Question 3

Identify the market structure in which OLI operates and explain how OLi's pricing is affected by this mantel structure

Essay

Online Learning Inc. lOLI) is a privately-held company based in the IUC that specializes in providing online courses in English as a Second Language (ESL). OLI is trying to set up a new sales office in a foreign country. It needs a business license to operate in that country. The license normally lakes six months to obtain. An official of that country said that he could expedite the process for a fee of €300.

OLI estimates the new sales office can bring €300,000 incremental profit annually OLI has just launched a new online 40-houi course to help adult ESL learners master basic business English. The price of the new course is €500 per student, the variable cost is €300 per student, and the total fixed cost of the new course is €300.000 per year OLI spent €200.000 to develop the new course before launching it. There are many online course providers in the marketplace, and each has its own feature However, OLI's highly qualified staff and good reputation have enabled it to charge a premium price compared to its major competitors. Recent market research indicates that if OLI raises the price of its new business English course by 10V the student enrollment would decrease by 5V A regional airlines company in Asia has approached OLI and offered to enroll 1.000 of its employees in the new course if OLI would agree to a special price of €350 per employee If OLI accepts this offer, an additional €10,000 onetime cost would be required to temporally expand its capacity to accommodate the new students.

Options: