Vendor: IMANET
Certifications: IMANET Certifications
Exam Name: Certified Management Accountant (CMA)
Exam Code: IMANET-CMA
Total Questions: 1336 Q&As
Last Updated: Aug 07, 2022
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IMANET-CMA Online Practice Questions and Answers
A sampling plan must determine the
I. Size of the sample.
II. Stratification method used. Ill. Random sampling method.
IV.
Sampling unit.
A.
II, Ill, and IV only.
B.
I and IV only.
C.
I, II, and Ill only.
D.
I and Ill only.
Which one of the following statements about trade credit is correct? Trade credit is
A. Not an important source of financing for small firms.
B. A source of long-term financing to the seller.
C. Subject to risk of buyer default.
D. Usually an inexpensive source of external financing.
Regis Company manufactures plugs used in its manufacturing cycle at a cost of $36 per unit that includes $8 of fixed overhead. Regis needs 30,000 of these plugs annually, and Orlan Company has offered to sell these units to Regis at $33 per unit. If Regis decides to purchase the plugs, $80,000 of the annual fixed overhead applied will be eliminated, and the company may be able to rent the facility previously used for manufacturing the plugs.If the plugs are purchased and the facility rented, Regis Company wishes to realize $100,000 in savings annually. To achieve this goal, the minimum annual rent on the facility must be
A. $10,000
B. $40,000
C. $70,000
D. $190,000
Alvin
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KP
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