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Certified Business Manager

Last Update 1 day ago Total Questions : 354

The Certified Business Manager content is now fully updated, with all current exam questions added 1 day ago. Deciding to include CBM practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our CBM exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these CBM sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Certified Business Manager practice test comfortably within the allotted time.

Question # 21

The risks stem from government policies and procedures that directly constrain the international management and performance of local business activities is known as:

A.

Foreign-Exchange risks

B.

Operating risks

C.

Market risks

D.

Functional risks

Question # 22

What is defined as the perceived fairness of what the person does compared with what the person receives?

A.

Actuality

B.

Equity

C.

Justice

D.

Evenhandedness

Question # 23

An organization that produces non-physical outputs that require customer involvement and cannot be stored in inventory is called:

A.

Service organization

B.

Routine organization

C.

Involuntary organization

D.

Overhaul organization

Question # 24

A legal entity separate and distinct from its owners is called:

A.

Government firm

B.

Non-profit organization

C.

Corporation

D.

Business trustee

Question # 25

Accounts that are not funded until the day’s checks are presented against the account is called:

A.

Near-cash assets accounts

B.

Preauthorized debit accounts

C.

Disbursement floating accounts

D.

Controlled disbursement accounts

Question # 26

______________ is the attainment of organizational goals in an effective and effective manner through planning, organizing, leading and controlling organizational resources.

A.

Management

B.

Mission statement

C.

Operational goals

D.

Knowledge Management

Question # 27

__________________ represents the average time it takes to collect credit accounts.

A.

Days sales outstanding

B.

Average sales outstanding

C.

Collection policy

D.

Accumulating time

Question # 28

What brought by a shareholder or a class of shareholders against the corporation based upon the ownership of shares?

A.

Direct suits

B.

Derivative suits

C.

Shareholder suits

D.

Capital suits

Question # 29

The excess of the current assts of a business over its current liabilities is called:

A.

Business capital

B.

Working capital

C.

Ratio capital

D.

Market capital

Question # 30

Duties that are part of a job but are incidental or ancillary to the purpose and nature of a job are called:

A.

Marginal functions

B.

Essential job functions

C.

Frequency functions

D.

Supervisory functions

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