CMA-Strategic-Financial-Management Exam Dumps - CMA Part 2: Strategic Financial Management Exam

Go to page:

Question # 25

With respect to the COSO Enterprise Risk Management Integrated Framework (2017), which one of the following statements is true regarding Governance & Culture and Performance?

They are both components of the Integrated Framework

Governance & Culture is a principle and Performance is a component of the Integrated Framework

They are both principles of the Integrated Framework

Performance is a principle and Governance & Culture is a component of the Integrated Framework

Full Access

Question # 26

Marlow Company s partial balance sheet indicated the following.

2.08

1.96

1.58

0.51

Full Access

Question # 27

Employee performance review and development systems must be fully aligned with the requirements for ethical conduct Ethical expectations should be included in

competencies, only

job descriptions only

competencies and job descriptions only

compliances, job descriptions and objectives

Full Access

Question # 28

Company Y records a receivable from a foreign customer in Company Y's functional currency. The receivable is due in 90 days and is to be paid in the customer s currency. This is an example of which type of risk exposure?

Economic risk

Transaction risk

Foreign investment risk

Translation risk

Full Access

Question # 29

When evaluating a capital Budgeting proposal, an advantage of using the payback method is that Bits process

assesses the liquidity of the project.

considers the time value of money.

incorporates all of the project's cash inflows and outflows

objectively determines if the proposal should be accepted or rejected.

Full Access