Practice CMA-Strategic-Financial-Management Exam Online

Question 1

IF a company does not have a code of conduct, the company most likely

A : missing important guidance on ethical decision making

B : ll lack an expressed statement of values regarding ethical behavior

C : n use its statement of values instead to implement ethics in daily decision making

D : t find another way to express its ethical principles

Answer: A

Question 2

Which one or the following costs Is a variable product cost?

A : fice rent in a temporary staffing company

B : ant manager s salary for a computer chip manufacturer

C : yroll taxes based on the hourly wages of plant personnel

D : omotional materials distributed to raise brand awareness

Answer: C

Question 3

Marsalls Products Inc. manufactures and sells two products CD-ROMs and DVD's. The latest forecast on me

products and their costs tor the coming year is shown in the following table.

Note 1: Fixed manufacturing cost of Si.500 000 per year is allocated to products based on the number of

machine hours required to produce the product at a rate of S3 per machine hour

The Manufacturing Team leader just informed the CEO that a fire occurred at one of the manufacturing lines

and that line would be unavailable for the next 12 months. The result is that mere will only be 400 000

machine Hours available The CEO requested the management team to revise the plan for the coming year

based on the new constraint. The Marketing Team leader stated that in order to minimize customer complaints

about the shortage, a minimum of 100,000 units of each product should be produced With the new information

from the Manufacturing and Marketing teams what is the optimal product mix for the coming 12 months''

Assume Marsalls can sell allot its production.

A : 100,000 CD-ROM's and 150,000 DVD'[s

B : 120.000 CD-ROM's 140,000 DVD.

C : 150.000 CD-ROMS and 125.000 DVD

D : 200,000 CD-ROm's a dn 100,000 DVD

Answer: D

Question 4

Alliantz Company, a USA-based manufacturer needs to set up a hedge to protect against dollar exchange rate devaluation. The protection is necessary (or an open balance of $2 478.450 Payment is to be settled in a rare currency 40 days from today excluding transaction fees which investment instrument would be used to provide the best hedge?

A : ock options

B : rket-traded futures

C : rward agreement

D : rrency warrant

Answer: C

Question 5

L&H Sports owns and operates several stadiums used for baseball and soccer games Management is considering installing machines that would be used to roast peanuts on the premises. This equipment would allow L&H to sell freshly roasted peanuts rather than the pre-roasted peanuts that are currently sold Marketing studies suggest that this feature would increase peanut sales. The roasters can be purchased in several sizes, and the annual rental fees and operating costs vary with the size of the roaster Information about the roasters is shown below.

CMA-Strategic-Financial-Management-page49-image21

L&H currently sells pre-roasted peanuts for $0 60 pet bag. Management plans to sell the freshly roasted peanuts for a higher price but at no more than a 10% increase. The demand for freshly roasted peanuts is estimated to be 250, 000 bags pet year. Which roaster should L&H purchase to maximize its profit?

A : onomy

B : gular

C : per

Answer: B

Name:	CMA Part 2 Strategic Financial Management
Exam Code:	CMA-Strategic-Financial-Management
Certification:	CMA
Vendor:	IMANET
Total Questions:	126
Last Updated:	Nov 04, 2025

IMANET CMA-Strategic-Financial-Management Answers