Financial Certified Business Manager (CBM) CBM Dumps in PDF

Free Financial CBM Real Questions (page: 7)

The average length of time between the purchase of raw materials and labor and the payment of cash for them is called:

  1. Accounts payable period
  2. Capital investment cycle
  3. Payable deferral period
  4. Purchase goods duration

Answer(s): C



The formula to calculate the Cash conversion cycle is:

  1. Cash Conversion Cycle = (Cash conversion period) + (Receivables conversion period) ­ (Payable deferral period)
  2. Cash Conversion Cycle = (Inventory conversion period) + (payables conversion period) ­ (receivables deferral period)
  3. Cash Conversion Cycle = (Receivables conversion period) + (Payable deferral period)
    - (Inventory conversion period)
  4. Cash Conversion Cycle = (Inventory conversion period) + (Receivables conversion period) ­ (Payable deferral period)

Answer(s): D



What calls for matching asset and liability maturities?

  1. Short-term financing
  2. Self-liquidating approach
  3. Long-term financing
  4. Equity spontaneous approach

Answer(s): B



When finances all of the temporary assets with short-term, non-spontaneous debt and finances its fixed assets with long-term capital, this leads to:

  1. Aggressive approach
  2. Long vs. short term debt
  3. Conservative approach
  4. Debt financing approach

Answer(s): A



The aggressive policy calls for the greatest use of long-term debt, while the conservative policy requires the least, maturity matching falls in between.

  1. True
  2. False

Answer(s): B



Cash balances associated with routine payments and collections are known as:

  1. Compensating balances
  2. precautionary balances
  3. Transaction balances
  4. None of the above

Answer(s): C



Sometimes cash balances are held to enable the firm to take advantage of bargain purchases that might arise, these funds are called:

  1. Speculative balances
  2. Cash flow balances
  3. Check-clearing balances
  4. Tentative balances

Answer(s): A



The difference between the balance shown in a firm's checkbook and the balance in the bank's records is called:

  1. Float
  2. Soar
  3. Glide
  4. Drift

Answer(s): A



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A
Anonymous
6/12/2023 7:23:00 AM

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7/7/2023 9:43:00 AM

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10/7/2023 1:47:00 PM

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11/1/2022 9:14:00 PM

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10/25/2023 6:01:00 PM

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6/22/2023 8:41:00 AM

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10/24/2023 1:34:00 AM

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8/9/2023 4:05:00 AM

question number 2 is indicating you are giving proper questions. observe and change properly.

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1/1/2024 8:23:00 AM

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1/12/2024 11:39:00 AM

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10/23/2023 1:52:00 PM

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11/9/2023 8:10:00 AM

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7/25/2023 7:28:00 AM

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6/20/2023 4:38:00 AM

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1/22/2022 8:17:00 PM

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10/30/2023 11:08:00 AM

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10/5/2023 3:16:00 AM

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7/29/2023 6:20:00 AM

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7/6/2023 5:40:00 PM

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10/10/2023 10:19:00 AM

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7/30/2023 2:02:00 PM

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7/11/2023 10:30:00 PM

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8/22/2023 5:30:00 AM

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T
7/28/2023 9:06:00 PM

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9/28/2023 4:35:00 AM

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