Free CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS Exam Braindumps (page: 13)

Page 13 of 29

A heating. ventilation, and air conditioning (HVAC) company estimates that n takes a new team of technicians 100 labor hours to install its first HVAC system and that there is an 80% learning rate What are theestimated total labor hours for a new team to complete its first four installations?

  1. 256.
  2. 295.
  3. 320.
  4. 340.

Answer(s): A



in times of declining prices using the Last-in First-Out (LIFO) cost flow assumption rather than the First-in, First-Out (FIFO) assumption will yield

  1. higher assets and higher income
  2. higher assets and lower Income
  3. lower assets and higher income
  4. lower assets and lower income

Answer(s): A



In developing a risk-based approach to internal control, a company is considering the risks posed to various accounts due to the complex calculations involved as well as industry factors that make measurement difficult. These risk factors are part of:

  1. systems risk
  2. account level risk
  3. control risk
  4. inherent risk

Answer(s): D



To prevent cyoeratiacks. a company recently implemented penetration testing wnich one of tne followingstatements b«st descnbes this test?

  1. An authorized attempt to break through the company's firev.au
  2. A series of attempts to flood the company's network with traffic
  3. An email testing employee compliance with phishing guidelines
  4. A staged break-inof the company s server room after business hours

Answer(s): A



Page 13 of 29



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