Free IMANET CMA Exam Questions

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  • IMANET CMA Exam Questions
  • Provided By: IMANET
  • Exam: Certified Management Accountant
  • Certification: CMA
  • Total Questions: 1336
  • Updated On: Feb 20, 2025
  • Rated: 4.9 |
  • Online Users: 2672
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  • Question 1
    • Just-in-time production is also called 

      Answer: B
  • Question 2
    • An assembly plant accumulates its variable and fixed manufacturing overhead costs in a single cost
      pool, which is then applied to work in process using a single application base. The assembly plant
      management wants to estimate the magnitude of the total manufacturing overhead costs for
      different volume levels of the application activity base using a flexible budget formul a. If there is an
      increase in the application activity base that is within the relevant range of activity for the assembly
      plant, which one of the following relationships regarding variable and fixed costs is true?

      Answer: C
  • Question 3
    • Rex Company is considering an investment in a new plant which will entail an immediate capital
      expenditure of $4,000,000. The plant is to be depreciated on a straight-line basis over 10 years to
      zero salvage value. Operating income (before depreciation and taxes) is expected to be $800,000 per
      year over the 10-year life of the plant. The opportunity cost of capital is 14%. Assume that there are
      no taxes.What is the NPV for the investment?

      Answer: A
  • Question 4
    • Carco, Inc. wants to use discounted cash flow techniques when analyzing its capital investment
      projects. The company is aware of the uncertainly involved in estimating future cash flows. A simple
      method some companies employ to adjust for the uncertainly inherent in their estimates is to

      Answer: C
  • Question 5
    • In equipment-replacement decisions, which one of the following does not affect the decision-making
      process?


      Answer: C
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