IMA CMA-Strategic-Financial-Management Q&A - in .pdf

  • CMA-Strategic-Financial-Management pdf
  • Exam Code: CMA-Strategic-Financial-Management
  • Exam Name: CMA Part 2: Strategic Financial Management Exam
  • Updated: Jun 07, 2026
  • Q & A: 125 Questions and Answers
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  • Exam Code: CMA-Strategic-Financial-Management
  • Exam Name: CMA Part 2: Strategic Financial Management Exam
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  • Updated: Jun 07, 2026
  • Q & A: 125 Questions and Answers
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  • CMA-Strategic-Financial-Management Testing Engine
  • Exam Code: CMA-Strategic-Financial-Management
  • Exam Name: CMA Part 2: Strategic Financial Management Exam
  • Updated: Jun 07, 2026
  • Q & A: 125 Questions and Answers
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IMA CMA Part 2: Strategic Financial Management Sample Questions:

1. In March 20X2, an investor purchased a government bond with a face value of $100 that matures in 30 years.
The issue price was $94 and the bond offered a yield to maturity of 5.6% One year later, the investor sold the bond at a price of S105 after receiving an interest payment of $6. The total return is

A) 18.1%
B) 5.6%
C) 11.7%
D) 6.0%


2. A co league claims that morality is usually perceived and interpreted differently by different people so there is no method to judge whether one decision is better than another. This is commonly referred to as

A) ethical relativity
B) comparative ethics
C) moral philosophy
D) moral relativism


3. A company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with me following information provided for each project.

The company uses a discount rate of 9% to evaluate both projects Based on the net present value, the company should invest in

A) project A only
B) project A and project B
C) project B only
D) neither project


4. Explain two potential benefits for Guda if it acquires Blue Moon.
Essay
Food Depot Ltd, (FDL) is a privately-held company that provides catering services to airlines and operates several restaurant chains including fast food, casual dining, and fine dining restaurants, FDL has been profitable in recent years and has a very strong cash position. FDL's newest division. Food_TO-Go is an online meal ordering and delivery platform acquired by FDL two year ago.
In 20X7, sales for the entire company were $1 billion, with 50% of the business coming from the Airline Catering division. FDL is the country 's leading airline catering services provider and control 60% of the market share. However, the outlook of the airline catering industry is gloomy. The compound annual growth rate of the industry for the past five years was only 0.5% as airline networks have increasingly dropped catering on short domestic flights.
The Food-To-division only contribution 5% of FDL's total sales in 20X7 and is far behind in competing for marketing for market share of the online meal ordering and delivery industry, it is estimated that Food-To-Go's sales were only 20% of the industry leader's sales. However, the outlook for the online meal ordering and delivery services industry is bright. The compound annual growth rate of the industry since it started three years ago was 50%. It is estimated the rapid growth of the industry will continue in the foreseeable future.
Susan Willey, the head of Food-To-Go, does not agree that the Airline Catering division is the best-performing division in the company. Wiley argues that ber division bad the highest ROI in 20X7, and it deserves more capital finding. FDL's requested rate of return is 12%. The selected financial data for the Airline Catering division and Food-To-Go division in 20X7 are as follow (in $ millions)


5. Abex Employment Agency has requested an increase in the firm's line of credit, and the bank is reviewing Abex's sales and collections history Although the firm's sales have increased the bank is concerned about the credit quality of the firm's customers Based on the following information calculate the average collection period for the firm Use a 365-day year in your calculations.

A) 88 days
B) 99 days
C) 80 days
D) 101 days


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: Only visible for members
Question # 5
Answer: C

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