CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS Dumps in PDF and Online

QUESTION: 6 Exam Topic: 1

A company has prepared the following pro forma income statements. It plans to sell 10,000 units in the current year and 11.500 units next year.

Increase sales revenue by 15%.
Reduce cost of goods sold by $1.00 per unit
Increase gross profit margin by 15%
Reduce operating expenses by $1.00 perunit

Answer(s): B

Reveal Solution Next Question

After a recent earthquake in a nearby city the board of directors of a company has requested a review of the company s disaster recovery plan Which of the following would be classified as a weakness in the company's disaster recovery plan?

Management has decided not to maintain a hot site because it was determined that the costs outweigh the benefits.
The details of the disaster recovery plan stipulate that internal audit should review the plan every other year rather than annually.
A cold site with backup data and documents is maintained on the basement level of the company s headquarters.
Members of the company's disaster recovery team maintain current copies of the disaster recovery plan m their homes.

Answer(s): C

Reveal Solution Next Question

QUESTION: 8 Exam Topic: 1

A manufacturing companyis setting a standard number of labor hours for a product Management creates a draft standard and asks for employees' feedback.
Which one of the following statements best represents the type of standard that is being set?

A participative standard because It includes management's Input to determine the standard.
An authoritative standard because the employees helped to determine the standard
A participative standard because the employees will more likely view the standard as reasonable.
An authoritative standard because management still will ensure the standard fits the strategy

Answer(s): C

Reveal Solution Next Question

QUESTION: 9 Exam Topic: 1

The master budget for a company contains mefollowing production requirements.

Quarter 1-- 50,000 units

Quarter 2 -- 55,000 units

Quarter 3 -- 45,000 units

Quarter 4 -- 52,000 units

Each unit of product requires four pounds of direct material. The company has a policy to begin each quarter with an inventory of aired materials equal to 20% of that quarter's direct material requirements The budgeted direct mate da I purchases for the third quarter would be

36, 000 pounds
41,400 pounds
49, 400 pounds
185, 600 pounds

Answer(s): D

Reveal Solution Next Question

QUESTION: 10 Exam Topic: 1

The manager in charge of the disaster recovery plan for a company has ensured that there is off-site storage of key data programs, operating systems and documentation.
Which one of the following is the best next step to be prepared for a disaster?

She should enter into reciprocal agreements with alternative ''hot'' sites.
She should make sure that everyone Knows the location of offsite data storage.
She should create a planning document including a list of critical applications.
She should ensure that the "cold" sites are fully equipped and ready.

Answer(s): B

Reveal Solution Next Question

IMA CMA Part 1: Financial Planning - Performance and Analytics Exam CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS Dumps in PDF

Free IMA CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS Real Questions (page: 2)

QUESTION: 6 Exam Topic: 1

QUESTION: 7 Exam Topic: 1

QUESTION: 8 Exam Topic: 1

QUESTION: 9 Exam Topic: 1

QUESTION: 10 Exam Topic: 1