CMA中文考试题目12

CMA P2 考试模拟题及答题解析（全150套之第127套100题）1、Duoplan公司正在考虑最合适的短期融资方法。

供应商的交易信用条款为2/30，n90（货到30天内付款折扣2%，到期日为90天）。

银行的借款利率为12%。

一个投资银行家也表示愿意为Duoplan公司发行商业票据。

商业票据将按季度发行，总额为$9,100,000，而净收益为$8,800,000。

公司会选择哪一种方式？A、交易折扣，因为它使得资金成本最低B、银行借款，因为它使得资金成本最低C、商业票据，因为它使得资金成本最低D、成本都差不多，决策只考虑哪个更便利试题解析：借款是12%，不拿折扣的有效利率是12.4% [(2/98)(365/60)]。

有效利率的公式是[(利息+费用)/(可用资金)][(365)/(到期天数)]。

2、以下哪项金融工具最不合适被公司财长用作临时现金的投资？A、地方债券B、美国国库券C、短期资金市场共同基金D、商业票据试题解析：一般来说，美国国库券、短期资金市场共同基金和商业票据适合作为短期现金投资。

现金的临时投资应该是低风险、短期(少于或等于90天)、容易交易。

市政债券是长期的。

3、Northville产品公司将其信贷条款从n30（30天内付款）更改为2/10，n30（10天内付款折扣20%，到期日为30天）。

这种改变的最不可能产生的影响是A、销售增加B、现金转换周期缩短C、短期借款增加D、未达销售收入时间缩短试题解析：向顾客提供折扣将鼓励立即支付，缩短现金周转期，降低应收款天数，以及增加销售额。

提供折扣不会增加短期借款。

4、以下选项中，哪一项是美国国库券的最好表述？A、无票面利率，无利率风险，且按面值发行B、具有活跃的二级市场，1-24个月的到期时间，且每月支付利息C、无票面利率，无违约风险，应得利息不受联邦所得税影响D、具有活跃的二级市场，且收到的利息将从联邦所得税中扣除，且无利率风险试题解析：它们以折价发行，到期日少于1年。

cma考试试题及答案CMA（Certified Management Accountant）是国际管理会计师资格认证，对于从事管理会计和财务管理领域的人士具有较高的认可和权威性。

准备CMA考试是很多财务从业人员的目标，下面将介绍一些CMA考试的试题及答案。

一、单选题1. Which of the following is not a purpose of budgeting?A. Planning and goal-settingB. Evaluating performanceC. Providing feedbackD. Identifying riskAnswer: D2. Which of the following is not an example of a critical financial ratio?A. Current ratioB. Return on investment (ROI)C. Gross profit marginD. Customer satisfaction ratioAnswer: D3. Which of the following is an example of a fixed cost?A. Direct materials costB. Direct labor costC. Rent expenseD. Sales commissionAnswer: C二、多选题1. Which of the following are advantages of using activity-based costing (ABC) system? (Select all that apply.)A. More accurate product costingB. Better cost controlC. Improved decision-makingD. Lower implementation costsAnswer: A, B, C2. Which of the following are components of the income statement? (Select all that apply.)A. RevenueB. Cost of goods soldC. Operating expensesD. AssetsAnswer: A, B, C3. Which of the following are methods used to evaluate capital budgeting projects? (Select all that apply.)A. Net present value (NPV)B. Internal rate of return (IRR)C. Payback periodD. Return on investment (ROI)Answer: A, B, C三、问答题1. What is the purpose of variance analysis in management accounting?Variance analysis is used to compare the actual performance of a business with the planned or expected performance. It helps identify the reasons behind any differences between the two, allowing management to take corrective actions if necessary. By analyzing variances, management can assess the effectiveness of their planning and control systems and make informed decisions to improve future performance.2. How does cost-volume-profit analysis help in decision-making?Cost-volume-profit (CVP) analysis is a tool used to examine the relationships between sales volume, costs, and profits. It helps in decision-making by providing insights into the impact of changes in sales volume, selling price, variable costs, and fixed costs on the profitability of a product or service. CVP analysis can aid in determining the breakeven point,assessing the impact of price changes, and evaluating the profitability of different product lines or business segments.四、案例分析XYZ Company is considering two investment projects: Project A and Project B. The following information is available:Project A:Initial investment: $100,000Estimated annual cash flows: $30,000 for the next 5 yearsDiscount rate: 10%Project B:Initial investment: $150,000Estimated annual cash flows: $40,000 for the next 5 yearsDiscount rate: 12%Using the net present value (NPV) method, calculate the net present value for each project and recommend which project should be chosen.Solution:To calculate the NPV, we need to discount the annual cash flows to their present value. The formula for calculating the present value of cash flows is:PV = CF / (1 + r)^nFor Project A:PV = $30,000 / (1 + 0.10)^1 + $30,000 / (1 + 0.10)^2 + $30,000 / (1 +0.10)^3 + $30,000 / (1 + 0.10)^4 + $30,000 / (1 + 0.10)^5PV = $27,272.73 + $24,794.43 + $22,540.39 + $20,491.26 + $18,628.42PV = $113,727.23For Project B:PV = $40,000 / (1 + 0.12)^1 + $40,000 / (1 + 0.12)^2 + $40,000 / (1 +0.12)^3 + $40,000 / (1 + 0.12)^4 + $40,000 / (1 + 0.12)^5PV = $35,714.29 + $31,878.42 + $28,449.06 + $25,393.12 + $22,682.43PV = $144,117.32Based on the NPV calculations, Project B has a higher net present value than Project A. Therefore, it is recommended to choose Project B as it is expected to generate higher returns.请注意，以上案例为示例，实际的CMA考试试题及答案会因时间而变化，考生需以最新的资料为准。

CMA P1 考试模拟题及答题解析（共50套之第12套100题）1、预防控制A、通常比检测控制更昂贵B、只存在于一般会计控制中C、通常比检测控制更加节省成本D、只存在于会计交易控制中试题解析：3种被设计到信息系统中的控制是预防、检测和纠正。

预防控制用于防止威胁、错误和不法行为的发生。

它们要比监测和纠正威胁、错误和不法行为所导致的问题要更加节省成本。

2、在设计内部控制系统中，以下哪种类型的控制最应该包含在设计中，以确保充分发挥效果?A、管理层、人事和行政控制B、预防性、检测性和纠正性C、编辑、输入核实和输出控制D、系统开发、经营和进入控制试题解析：有5种类型的控制。

它们是预防、检测、纠正、指导和补充。

前三个是要设计到体系中的3、职责分离控制是以下哪项的例子A、补充控制B、检测控制C、行政控制D、预防控制试题解析：恰当的职责分离是防止威胁、错误和不法行为的控制措施。

它把授权、执行、记录和资产保管这4个职能分给4个人来履行.4、以下哪项最好地描述了内部控制系统内相互关联的组成部分?A、组织结构、管理理念和计划B、控制环境、风险评估、控制活动、信息和沟通系统和监督C、风险评估、备份设施、责任中心和自然规律D、人事实践和政策、授权和职责分离试题解析：1992的COSO模型中定义了内部控制的5个相互关联的组成部分：控制环境、风险评估、控制活动、信息和沟通系统和监督.5、以下哪项不是反海外腐败法1997关于公司内部控制系统的要求?A、管理层必须每年评估内部控制系统的效果.B、根据管理层的一般和具体授权来执行交易C、交易记录和必须的，这样可以(1)按照GAAP或其它适用的准则来编制财务报告(2)保持资产的会计责任。

D、在合理的间隔内将记录的资产与现有的资产进行计较，针对任何的差异采取恰当的行动试题解析：内部控制的管理层年度评估不是反海外腐败法的要求。

它是萨班斯奥克斯利法案2002的要求6、在2002年的萨班斯奥克斯利法案中，公司被要求实施反欺诈项目和控制，并在综合审计中做年度评估。

CMA考试中⽂题库-Part1CMA Part 1 – Business AnalysisExamination Questions for PracticeCMA第⼀部分—商业分析考试练习题Section A: Business EconomicsA部分：商业经济学1. Which one of the following would cause the demand curve for bagels to shift to the left?a. A decrease in the cost of muffins.b. An increase in the population.c. A decrease in the price of bagels.d. An increase in the supply of bagels.1. 下列哪项会使⾯包圈的需求曲线向左移动？a. 松饼的成本下降b. ⼈⼝增加c. ⾯包圈的价格下降d. ⾯包圈的供给增加2. Which one of the following would cause the demand curve for prepared meals sold in supermarkets to shift to the right?a. An increase in the price of prepared meals.b. An increase in consumer income.c. A decrease in the price of restaurant meals.d. An increase in the supply of prepared meals.2. 下列哪项会使超市中出售的速⾷的需求曲线向右移动？a. 速⾷的价格升⾼b. 消费者收⼊增加c. 饭店的价格下降d. 速⾷的供给增加3. If a decrease in the demand for Product X causes the demand curve for Product Y to shift to the right, then X and Y are most likely to be which of the following?a. Shoes and laces.b. Butter and margarine.c. Knives and forks.d. Cars and gasoline.3. 假设产品X的需求下降使得产品Y的需求曲线向右移动，那么X和Y最可能是下列哪两种东西？a. 鞋和鞋带b. 黄油和⼈造黄油c. ⼑和叉d. 汽车和汽油4. All of the following will increase the demand for a factor of production excepta. an increase in the demand for the product.b. an increase in the marginal revenue product of the factor of production.c. training aimed at increasing productivity.d. an increase in the supply of the factor of production.4. 下列哪项不会增加⼀种⽣产要素的需求？a. 该产品的需求增加b. 该⽣产要素的边际收⼊产品增加c. 旨在提⾼⽣产率的培训d. 该⽣产要素的供给增加5. If the demand for a product is elastic, a price increase will result ina. no change in total revenue.b. an increase in total revenue.c. a decrease in total revenue.d. an indeterminate change in revenue.5. 假设产品的需求是有弹性的，那么价格增加会造成：a. 总收⼊不变b. 总收⼊增加c. 总收⼊减少d. 收⼊变动不确定6. A market research analyst determined the following market data for a commodity.Price QuantitySupplied QuantityDemanded25 250 750$50 500 50075 750 250100 1,000 0 Based on this information, which one of the following statements is correct?a. At a price of $30, there will be excess demand.b. A market clearing price cannot be determined.c. At a price of $80, there will be insufficient supply.d. A market price of $50 cannot exist for very long.6. ⼀市场研究分析员为⼀商品确定如下的市场数据：价格供给数量需求数量美元25 250 75050 500 50075 750 250100 1,000 0 根据上述信息，下列哪项说法是正确的？a. 价格为30美元时，需求过剩b. 不能确定市场出清价格c. 价格为80美元，供给不⾜d. 50美元的市场价格不能维持很久7. An economist determined the following market data for a commodity.Price QuantityDemandedSupplied Quantity$25 250 75050 500 50075 750 250100 1,000 0Based on this information, which one of the following statements is correct?a. In the short-term, there would be excess supply at a price of $40.b. In the long-run, if producers’ costs per unit decline, then a reasonable market clearing price could be $65.c. In the short-term, there would be excess demand at a price of $70.d. In the long-run, if producers’ costs per unit increase, then a reasonable market clearing price could be $70.7. ⼀经济学家为⼀商品确定了如下的市场数据：价格供给数量需求数量美元25 250 75050 500 50075 750 250100 1,000 0Based on this information, which one of the following statements is correct?根据上述信息，下列哪项说法是正确的？a. 在短期，价格为40美元时，供给过剩b. 在长期，如果⽣产商的单位成本下降，那么合理的市场出清价格为65美元c. 在短期，价格为70美元时需求过剩d. 在长期，如果⽣产商的单位成本增加，那么合理的市场出清价格为70美元8. If the quantity demanded is less than the quantity supplied at a particular price, thena. there is a shortage and the price will increase over time.b. the price is below the equilibrium price.c. there is a surplus and the price will decrease over time.d. there is a surplus and demand will increase over time.8. 如果在⼀定的价格时需求数量⽐供给数量⼩，那么a. 存在短缺，价格会随时间增加⽽增加b. 价格在均衡价格之下c. 存在过剩，价格会随时间增加⽽下降d. 存在过剩，需求会随时间增加⽽增加9. If a product’s price elasticity of demand is greater than one, then a 1% price increase will cause the quantity demanded toa. increase by more than 1%.b. increase by less than 1%.c. decrease by less than 1%.d. decrease by more than 1%.9. 假设某⼀产品的需求价格弹性⼤于1，那么价格升⾼1%会使得需求数量：增加超过1%a.增加少于1%b.减少⼩于1%c.减少超过1%d.10. With regard to elasticity, all of the following statements are correct except thata. the price elasticity of demand is calculated as the percentage change in quantity demanded divided by the percentage change in price.b. the availability of substitute products generally results in a product having high price elasticity.c. the price elasticity of demand indicates the degree of response to a change in price.d. demand tends to be more inelastic when the expenditures on a product are quite high relative to a consumer’s budget.10. 关于弹性，下列说法中错误的是：a. 需求的价格弹性等于需求数量变动的百分⽐除以价格变动的百分⽐b. 替代产品的可⽤性⼀般会造成产品的价格弹性⾼c. 需求的价格弹性是指对价格变动的反应程度d. 当产品⽀出与消费者的预算⾼度相关时，需求倾向于更缺乏弹性11. When a perfectly elastic demand curve is plotted on a graph with price on the vertical axis and quantity on the horizontal axis, the curve isa. parallel to the horizontal axis.b. parallel to the vertical axis.c. downward sloping with a kink in it.d. upward sloping from the origin.11. 画完全有弹性的需求曲线，纵坐标为价格，横坐标为数量时，该曲线：a. 平⾏横坐标b. 平⾏纵坐标c. 向下倾斜，有⼀拐点d. 从原点⾝上倾斜12. If the demand for a good is elastic, then a(n)a. decrease in price will increase total revenue.b. increase in price will increase total revenue.c. decrease in price will decrease total revenue.d. increase in price will have no effect on total revenue.12. 如果某产品的需求是有弹性的，那么：a. 价格下降会使总收⼊增加b. 价格上升会使总收⼊增加c. 价格下降会使总收⼊减少d. 价格上升对总收⼊⽆影响13. If the cross elasticity of demand for two products, A and B, is positive, then an increase in B’s price will cause the demand fora. A to decrease.b. A to increase.c. B to increase.d. B to remain unchanged.13. 假设产品A和产品B的需求交叉弹性是正数，那么产品B的价格增加会使得：a. 产品A的需求下降b. 产品A的需求增加c. 产品B的需求增加d. 产品B的需求不变14. Which one of the following statements correctly defines the income elasticity of demand?a. The percentage change in quantity demanded divided by the percentage change in income.b. The percentage change in income divided by the percentage change in quantity demanded.c. The percentage change in quantity supplied divided by the percentage change in income.d. The percentage change in income divided by the percentage change in quantity supplied.14. 关于需求的收⼊弹性，下列哪项说法是正确的？a. 需求数量变动的百分⽐除以收⼊变动的百分⽐b. 收⼊变动的百分⽐除以需求数量变动的百分⽐c. 供给数量变动的百分⽐除以收⼊变动的百分⽐d. 收⼊变动的百分⽐除以供给数量变动的百分⽐15. Which one of the following best describes the cross elasticity of demand?a. The percentage change in quantity demanded of one product divided by the percentage changein its price.b. The percentage change in price of a product divided by the percentage change in quantity demanded.c. The percentage change in quantity demanded of one product divided by the percentage changein price of another product.d. The percentage change in price of one product divided by the percentage change in quantity demanded of another product.15. 关于需求的交叉弹性，下列哪项最好？a. ⼀种产品需求数量变动的百分⽐除以价格变动的百分⽐b. ⼀种产品价格变动的百分⽐除以需求数量变动的百分⽐c. ⼀种产品需求数量变动的百分⽐除以另⼀种产品价格变动的百分⽐d. ⼀种产品价格变动的百分⽐除以另⼀种产品需求数量变动的百分⽐16. An economic research firm performed extensive studies on the market for large screen televisions (LSTs). Portions of the results are shown below.Household Income LST Sales (units)$50,000 20,00060,000 28,00072,000 39,200Price of LSTs LST Sales (units)$1,000 100,000900 115,000810 132,250The income elasticity of demand for LSTs isa. 0.4.b. 1.5.c. 2.0.d. 2.5.16. ⼀经济研究公司⼴泛研究⼤屏幕电视(LST)市场。