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IMA CMA Part 1: Financial Planning - Performance and Analytics Exam Sample Questions (Q92-Q97):NEW QUESTION # 92
COSO's Internal Control-Integrated Framework is the widely accepted internal control framework in the U S Five major Internal control components are Included in this framework Control environment consists of
Answer: D
NEW QUESTION # 93
Aeronautics Inc. has designed a new airplane that entails an extremely complex manufacturing process Upon reviewing the market Aeronautics' management believes the price of the plane will need to be set below current manufacturing costs. Some on the management team have recommended stopping the project, however, the CFO believes that the plane will become profitable in the near future. The CFO most likely used which forecasting method?
Answer: A
NEW QUESTION # 94
A corporation had foreign currency translation gains from converting the financial statements of its foreign operations into U.S dollars .How will these gains be reported on the corporation's financial statements?
Answer: B
NEW QUESTION # 95
A company carried out the following activities for the current period.
According to U.S GAAP, what amount of cash was provided by financing activities?
Answer: C
NEW QUESTION # 96
Harris Company sells two products with the following characteristics.
Harris Company's total sales-mix variance for the year is
Answer: B
NEW QUESTION # 97
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