Free CBM Exam Braindumps
Certified Business Manager (CBM) Questions 66–70 (page: 15)

Updated On: 10-Feb-2026

What involves the purchase of accounts receivables by the lender, generally without resource to the borrower?

  1. Wal-Mart financing
  2. Pledging
  3. Factoring
  4. Interest expense

Answer(s): C



Which element id needed for the establishment of a field warehouse?

  1. public notification
  2. physical control of the inventory
  3. supervision by a custodian of the field warehousing concern
  4. All of the above

Answer(s): D



A firm uses more short-term sources, its debt costs are low, profits are high and solvency is low with:

  1. Aggressive strategy
  2. Conservative financing strategy
  3. Moderate financing strategy
  4. Excess Liquidity strategy

Answer(s): A



If earnings are poor and stockholders are dissatisfied, an outside group might solicit the proxies in an effort to overthrow management and take control of the business, this is known as:

  1. Poor Proxy
  2. Proxy fight
  3. Scrap proxy
  4. stand-up fight Proxy

Answer(s): B



A long-term contract under which a borrower which a borrower agrees to make payments of interest and principal on specific dates to its holder is called:

  1. Bond
  2. Loan
  3. Mortgage
  4. Credit

Answer(s): A



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