CBM exam

A cash management arrangement used to mobilize funds from decentralized receiving locations, whether they are decentralized company locations, into one or more central cash pools is known as:A . Payable ConcentrationB . Concentration bankingC . Marketable ConcentrationD . None of the aboveView AnswerAnswer: B

The firm’s stock price is dependent on which of the following factors?A . Projected earnings per shareB . Riskiness of the projected earningsC . Dividend PolicyD . All of the aboveView AnswerAnswer: D

Which of the following is NOT the element of infrastructure?A . Customer leadership managementB . Quality planningC . Leadership and strategic planningD . Process managementView AnswerAnswer: B

A learning cycle has which of the following four stages?A . Planning, Organizing, Measurement, RevisionB . Planning, Implementation, Assessment, AdjustmentC . Planning, Execution, Assessment, RevisionD . Planning, Execution, Evaluation, ImprovementView AnswerAnswer: C

The Single-A and triple-B bonds are strong enough to be called _______________, and they are the lowest-rated bonds that many banks and other institutional investors are permitted by law to hold.A . Investment grade bondsB . Public service bondsC . Floating rate bondsD . Coupon bondsView AnswerAnswer: A

According to Juran’s prescriptions, quality trilogy consists of:A . Quality planning, quality disbursement, quality improvementB . Quality planning, quality control, quality improvementC . Quality planning, quality restrain, quality expansionD . Quality planning, quality control, quality feedbackView AnswerAnswer: C

Which element id needed for the establishment of a field warehouse?A . public notificationB . physical control of the inventoryC . supervision by a custodian of the field warehousing concernD . All of the aboveView AnswerAnswer: D

The average length of time between the purchase of raw materials and labor and the payment of cash for them is called:A . Accounts payable periodB . Capital investment cycleC . Payable deferral periodD . Purchase goods durationView AnswerAnswer: C

What involves the purchase of accounts receivables by the lender, generally without resource to the borrower?A . Wal-Mart financingB . PledgingC . FactoringD . Interest expenseView AnswerAnswer: C

For IS planning to be successful, top management must:A . Recognize IT as an indispensable resourceB . Understand that IT is a complex resourceC . Regard ISs as a source for gaining strategic goalsD . All of the aboveView AnswerAnswer: D