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

Page 12 of 29
PDF with 112 Questions

Comprehensive income is best defined as

  1. total revenues minus total expenses
  2. net income excluding realized gams and losses
  3. the change In net assets for the period excluding owner transactions
  4. the change in net assets for the period includingcontributions from owners and distributions to owners

Answer(s): C



Which one of the following is the least important for a successful budget process?

  1. Top management support
  2. Integrated budget software
  3. The level of participation in thebudget process
  4. The degree of alignment between the budget and other performance goals

Answer(s): B



Product liability is best classified as an example of

  1. prevention costs
  2. appraisal costs
  3. internal failure costs
  4. external failure costs

Answer(s): D



A company extracts data from existing data sets to identify customer patterns By doing this, the company is applying

  1. descriptive analysis
  2. diagnostic analysis
  3. predictive analysis
  4. prescriptive analysis

Answer(s): A






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