Financial CBM Exam (page: 1)
Financial Certified Business Manager (CBM)
Updated on: 31-Mar-2026

Viewing Page 1 of 46

Process of envisioning the organization's future and developing the necessary procedures and operations to achieve that future is called:

  1. Foregoing planning
  2. Strategic planning
  3. Operational planning
  4. Organizational planning

Answer(s): B



What focuses on the roles of senior managers in guiding an organization to fulfill its missions and meet its goals?

  1. Senior management
  2. Operational control
  3. Executive leadership
  4. Board of Control

Answer(s): C



Effective leadership requires which core leadership skills?

  1. vision, empowerment, intuition, self-understanding, and value congruence
  2. vision, mission, intuition, process-control, and value congruence
  3. mission, empowerment, perception, self-understanding, and value congruence
  4. mission, presentiment, intuition, self-understanding, and correspondence

Answer(s): A



What is based on the presumption that it is determined by what a customer wants?

  1. Property
  2. Trait
  3. Superiority
  4. Quality

Answer(s): D



are targets and tolerances determined by designers of products and services.

  1. Terms
  2. Specifications
  3. Constraints
  4. Provision

Answer(s): B



Total quality is based on which of the following fundamental principle?

  1. Focus on customers and stakeholders
  2. Participation and teamwork by everyone in the organization
  3. Process focus supported by continuous improvement and learning
  4. All of the above

Answer(s): D



What refers to both incremental improvements that are small and gradual as well as break through, and large and rapid, improvement?

  1. Continuous improvement
  2. Re-growth
  3. Streamlined improvement
  4. Rationalized improvement

Answer(s): A



A learning cycle has which of the following four stages?

  1. Planning, Organizing, Measurement, Revision
  2. Planning, Implementation, Assessment, Adjustment
  3. Planning, Execution, Assessment, Revision
  4. Planning, Execution, Evaluation, Improvement

Answer(s): C



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