CMA考试辅导问答（英文版）-Updated Part 1 Question Book CMA Exam - FINAL 2011-09-09 Combined Q & A Rev 2014-09-12

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1、CMAPart1–FinancialReporting,Planning,Performance,andControlExaminationPracticeQuestions©Copyright2014InstituteofCertifiedManagementAccountants153CMAPart1–FinancialReporting,Planning,PerformanceandControlExaminationPracticeQuestionsSectionA:ExternalFinancialReportingDecisions1.CSO:1A1aLOS:1A

2、1aThefinancialstatementsincludedintheannualreporttotheshareholdersareleastusefultowhichoneofthefollowing?a.Stockbrokers.b.Bankerspreparingtolendmoney.c.Competingbusinesses.d.Managersinchargeofoperatingactivities.2.CSO:1A1dLOS:1A1eWhichoneofthefollowingwouldresultinadecreasetocashflowinthein

3、directmethodofpreparingastatementofcashflows?a.Amortizationexpense.b.Decreaseinincometaxespayable.c.Proceedsfromtheissuanceofcommonstock.d.Decreaseininventories.3.CSO:1A1cLOS:1A1bThestatementofshareholders’equityshowsaa.reconciliationofthebeginningandendingbalancesinshareholders’equityaccou

4、nts.b.listingofallshareholders’equityaccountsandtheircorrespondingdollaramounts.c.computationofthenumberofsharesoutstandingusedforearningspersharecalculations.d.reconciliationofthebeginningandendingbalancesintheRetainedEarningsaccount.4.CSO:1A1dLOS:1A1bWhenusingthestatementofcashflowstoeval

5、uateacompany’scontinuingsolvency,themostimportantfactortoconsideristhecasha.balanceattheendoftheperiod.b.flowsfrom(usedfor)operatingactivities.c.flowsfrom(usedfor)investingactivities.d.flowsfrom(usedfor)financingactivities.1535.CSO:1A1aLOS:1A1bAstatementoffinancialpositionprovidesabasisfora

6、llofthefollowingexcepta.computingratesofreturn.b.evaluatingcapitalstructure.c.assessingliquidityandfinancialflexibility.d.determiningprofitabilityandassessingpastperformance.6.CSO:1A1bLOS:1A1bThefinancialstatementthatprovidesasummaryofthefirm’soperationsforaperiodoftimeisthea.incomestatemen

7、t.b.statementoffinancialposition.c.statementofshareholders’equity.d.statementofretainedearnings.7.CSO:1A1bLOS:1A1eBertramCompanyhadabalanceof$100,000inRetainedEarningsatthebeginningoftheyearand$125,000attheendoftheyear.Netincomeforthistimeperiodwas$40,00