This practice exam can be taken as many times as needed to feel confident and prepared for the Management & Analysis Exam.
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Question 1 of 10
1. Question
What does it mean for a business if they reach the breakeven point? (Select all that apply.)
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Question 2 of 10
2. Question
What is the calculation of days required to convert a company’s trade receivables and inventory into cash?
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Question 3 of 10
3. Question
Why is debt financing different than equity capital?
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Question 4 of 10
4. Question
Your new client is always struggling to maintain a healthy bank balance, how can you help? (Select all that apply.)
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Question 5 of 10
5. Question
Your client owns a complex company; you do not have to create a budget for him.
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Question 6 of 10
6. Question
Which budget is NOT a component of the cost of goods sold budget?
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Question 7 of 10
7. Question
What is NOT an advantage of a zero-based budget?
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Question 8 of 10
8. Question
What of the following is a business cycle? (Select all that apply.)
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Question 9 of 10
9. Question
What is a question your client will probably have during a contraction period? (Select all that apply.)
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Question 10 of 10
10. Question
What are types of financial risk management? (Select all that apply.)
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