Free CTFA Exam Braindumps (page: 52)

Page 52 of 113

Which of the following is not a perquisite (perk)?

  1. Company-provided automobile
  2. Expensive office
  3. Salary
  4. Country club membership

Answer(s): C



What is the most important of the three financial management decisions?

  1. Asset management decision
  2. Financing decision
  3. Investment decision
  4. Accounting decision

Answer(s): C



How are earnings per share calculated?

  1. Use the income statement to determine earnings after taxes (net income) and divide by the previous period's earnings after taxes. Then subtract 1 from the previously calculated value
  2. Use the income statement to determine earnings after taxes (net income) and divide by the number of common shares outstanding
  3. Use the income statement to determine earnings after taxes (net income) and divide by the number of common and preferred shares outstanding
  4. Use the income statement to determine earnings after taxes (net income) and divide by the forecasted period's earnings after taxes. Then subtract 1 from the previously calculated value

Answer(s): B



The decision involves a determination of the total amount of assets needed, the composition of the assets, and whether any assets need to be reduced, eliminated, or replaced.

  1. asset management
  2. Financing
  3. Investment
  4. Accounting

Answer(s): C



Page 52 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
upvote