Free IMANET FMAA Exam Questions
Absolute Free FMAA Exam Practice for Comprehensive Preparation
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IMANET FMAA Exam Questions
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Provided By: IMANET
- Exam: Financial and Managerial Accounting Associate
- Certification: IMA Certified Associate
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Total Questions: 162
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Updated On: Apr 06, 2025
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Rated: 4.9 |
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Online Users: 324
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Question 1
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Which one of the following is the best reason for using variable costing?
Answer: C
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Which one of the following is the best reason for using variable costing?
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Question 2
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Which one of the following is the best reason for using variable costing?
Answer: C
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Which one of the following is the best reason for using variable costing?
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Question 3
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A budget developed by using budgeted prices and budgeted costs based on the actual output in the budget period is a(n)
Answer: B
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A budget developed by using budgeted prices and budgeted costs based on the actual output in the budget period is a(n)
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Question 4
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A company has net sales of $4,000,000, operating income of $1,200,000, and net income of $1,000,000. Average total assets are $9,000,000 and average total equity is $7,000,000. What is the company’s return on equity (ROE) and return on assets (ROA)?
Answer: A
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A company has net sales of $4,000,000, operating income of $1,200,000, and net income of $1,000,000. Average total assets are $9,000,000 and average total equity is $7,000,000. What is the company’s return on equity (ROE) and return on assets (ROA)?
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Question 5
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Which of the following statements is a responsibility for an IMA member regarding the "Integrity" standard of ethical conduct?
Answer: D
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Which of the following statements is a responsibility for an IMA member regarding the "Integrity" standard of ethical conduct?