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We offer the latest CMA-Strategic-Financial-Management practice test designed for free and effective online CMA Part 2 Strategic Financial Management certification preparation. It's a simulation of the real CMA-Strategic-Financial-Management exam experience, built to help you understand the structure, complexity, and topics you'll face on exam day.

Exam Code: CMA-Strategic-Financial-Management
Exam Questions: 126
CMA Part 2 Strategic Financial Management
Updated: 09 Jul, 2025
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Practicing : 1 - 5 of 126 Questions
Question 1

Plenary Inc specializes in overnight package delivery. Total packages delivered last year were 10 000.000. and this quantity is expected to remain unchanged in the coming year. Unit contribution margin is $4,50 and total fixed costs are S40.000,000. The firm's 300 delivery truck drivers are seeking a S10 000 raise in annual salary In addition to a current base salary of $45 000 per year, the drivers receive a commission of $0 50 per package delivered If the firm grants the $10,000 salary increase to each driver and seeks to maintain the same level of pre-tax operating profit what is the maximum amount of commission the firm can pay its drivers per package delivered?

Options :
Answer: B

Question 2

Below is the income statement and balance sheet for a retail corporation.

CMA-Strategic-Financial-Management-page49-image5
What is the corporation’s return on equity in Year 2? 

Options :
Answer: D

Question 3

A company can by identical raw materials from four suppliers. Each supplier offers a different term of sale. Which one of the following terms of sale has the highest effective annual interest rate if the company does not take the cash discount? 

Options :
Answer: D

Question 4

The best discount rate to the use for evaluate of investment opportunities is the 

Options :
Answer: A

Question 5

Southwest Supplies Inc. (SSI) is considering the following two projects with cash-flows discounted at SSI's weighted average cost of capital.

CMA-Strategic-Financial-Management-page49-image10SSI can only afford to invest in one of the projects. Which statement would most likely explain why SSI would choose Project B over project A? 

Options :
Answer: D

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