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CMA-Financial-Planning-Performance-and-Analytics CMA Part 1: Financial Planning - Performance and Analytics Exam

  • IMA
  • 5 free sample questions

About this exam

CMA-Financial-Planning-Performance-and-Analytics is the IMA exam CMA Part 1: Financial Planning - Performance and Analytics Exam. Paid practice material for this exam is not available yet, but you can try its free sample questions.

Exam code
CMA-Financial-Planning-Performance-and-Analytics
Vendor
IMA
Practice questions
Not available yet
Free sample questions
5
Question bank last updated
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Try 2 sample questions

Taken from the free sample set for CMA-Financial-Planning-Performance-and-Analytics.

Question 1

A company has the following accounts included in its trial balance as of December 31
Preferred stock$200,000
Common stock$285,000
Bonds payable$34,000
Obligations under finance leases$65,000
Additional paid-in capital$50,000
Non-controlling interests$13,500
Retained earnings$78,000
Treasury stock$56,000
Accumulated other comprehensive income$22,000
 
What amount of equity will be reported on me company’s balance sheet as of December 31?

  1. Option A:
    $626,500 
  2. Option B:
    $657,500 
  3. Option C:
    $92,500.
  4. Option D:
    $599,000.
Show answer and explanation

Correct answer: C

Question 2

A company incurred the following selected costs In its manufacturing operations during the month.

  1. Option A:
    $20,000
  2. Option B:
    $21,000
  3. Option C:
    $22,000
  4. Option D:
    $23,000
Show answer and explanation

Correct answer: C

See all 5 free sample questions