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: May 22, 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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Wilson Company uses a comprehensive planning and budgeting system. The proper order for Wilson to prepare certain budget scheduleswould be:
Answer: A
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Wilson Company uses a comprehensive planning and budgeting system. The proper order for Wilson to prepare certain budget scheduleswould be:
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Question 2
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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 3
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Contribution margin focuses on which one of the following?
Answer: A
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Contribution margin focuses on which one of the following?
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Question 4
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Dividends paid to company shareholders would be shown on the statement of cash flows as
Answer: B
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Dividends paid to company shareholders would be shown on the statement of cash flows as
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Question 5
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Mark Tian, a staff accountant, becomes aware of an off-balance sheet bank account where funds have been diverted with offsetting creditsapproved by his immediate supervisor. His immediate supervisor refuses to discuss it and suggests Tian forget about it. Which one of thefollowing should be Tian’s next course of action in this circumstance?
Answer: D
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Mark Tian, a staff accountant, becomes aware of an off-balance sheet bank account where funds have been diverted with offsetting creditsapproved by his immediate supervisor. His immediate supervisor refuses to discuss it and suggests Tian forget about it. Which one of thefollowing should be Tian’s next course of action in this circumstance?