Free Practice IMANET FMAA Exam Questions 2025

Stay ahead with 100% Free Financial and Managerial Accounting Associate FMAA Dumps Practice Questions

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Total 162 Questions | Updated On: Apr 08, 2025

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Question 1

Dividends paid to company shareholders would be shown on the statement of cash flows as

A : operating cash inflows

B : operating cash outflows

C : cash flows from financing activities

D : cash flows from investing activities

Answer: B

Question 2

Contribution margin focuses on which one of the following?

A : The amount of revenue available to cover fixed costs.

B : The total variable manufacturing costs.

C : How competitive a company is compared to other companies.

D : The total revenue expected during the year.

Answer: A

Question 3

Which one of the following is not an advantage of a participatory budgeting process?

A : Control of uncertainties.

B : Goal congruence.

C : Communication between departments.

D : Coordination between departments.

Answer: A

Question 4

Contribution margin focuses on which one of the following?

A : The amount of revenue available to cover fixed costs.

B : The total variable manufacturing costs.

C : How competitive a company is compared to other companies.

D : The total revenue expected during the year.

Answer: A

Question 5

Which of the following statements is a responsibility for an IMA member regarding the "Integrity" standard of ethical conduct?

A : To refrain from using confidential information for unethical or illegal advantage.

B : Perform professional duties in accordance with relevant laws, regulations, and technical standards.

C : Provide all relevant information that could reasonably be expected to influence an intended user's understanding of the reports,analyses, or recommendations.

D : Refrain from engaging in any conduct that would prejudice carrying out duties ethically.

Answer: D

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Total 162 Questions | Updated On: Apr 08, 2025

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