APBM Certified Associate Business Manager CABM Exam Practice Test

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Total 354 questions
Question 1

________________ is not a separate taxable entity and only the single owner is taxed.



Answer : B


Question 2

The relative mix of a business's variable costs and fixed costs is measured by:



Answer : B


Question 3

Design for manufacturability and assembly collaborate on achieving which of the following objectives of product design?



Answer : D


Question 4

A long-term contract under which a borrower which a borrower agrees to make payments of interest and principal on specific dates to its holder is called:



Answer : A


Question 5

Sometimes cash balances are held to enable the firm to take advantage of bargain purchases that might arise, these funds are called:



Answer : A


Question 6

Which strategy is made complex by momentary exchange factors as well as by firms often being required to countertrade, that is, to trade by barter or a similar system?



Answer : C


Question 7

Although it is desirable to establish attainable goals, it is undesirable to plan lower goals than may be possible, this is known as:



Answer : B


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Total 354 questions