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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 # 41

Tariffs are imposed for which of the following reason?

A.

collection of revenue

B.

protection of domestic industries from foreign competition

C.

political control

D.

All of the above

Question # 42

______________ are the external supply pool from which employers attract employees.

A.

Labor markets

B.

Recruiting markets

C.

Applicant markets

D.

Administrative markets

Question # 43

What focuses on the roles of senior managers in guiding an organization to fulfill its missions and meet its goals?

A.

Senior management

B.

Operational control

C.

Executive leadership

D.

Board of Control

Question # 44

Working capital management involves management of the current assets and the current liabilities of a firm.

A.

True

B.

False

Question # 45

A measure of the quantity and quality of work done, considering the cost of the resources used is known as:

A.

Productivity

B.

Innovation

C.

Efficiency

D.

Effectiveness

Question # 46

What is a measure of operating cash flow available for corporate purposes after providing sufficient fixed asset additions to maintain current productive capacity and dividends?

A.

Venture cash flow

B.

Free cash flow

C.

Rigid cash flow

D.

Permanent cash flow

Question # 47

A total or near-total ban or trade with a particular country sometimes enforced by military action and usually imposed for a political purpose is called:

A.

block

B.

embargo

C.

impediment

D.

prohibition

Question # 48

Which of the following events triggers dissolution?

A.

expiration of the time period

B.

withdrawal of a general partner, unless all partners agree to continue the business

C.

decree of judicial dissolution

D.

All of the above

Question # 49

What come in a variety of forms and are offered to retailers simply for purchasing the manufacturer’s brand or for performing activities in support of the manufacturer’s brand?

A.

Trade allowances

B.

Power transfers

C.

Sales promotions

D.

Reward structures

Question # 50

Creditors lend funds to the firm at rates that are based on:

A.

riskiness of the firm’s existing assets

B.

expectations concerning the riskiness of future asset additions

C.

firm’s existing capital structure

D.

All of the above

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