CBM Online Practice Questions and Answers

In Maslow's hierarchy of needs which of the following factor is NOT included?

A. physiological needs

B. self-actualization needs

C. safety and security needs

D. equipment and technology needs

A leader who clarifies subordinates' role and task requirements, initiates structure, provide rewards, and displays consideration for subordinates is known as:

A. Change leader

B. Transactional leader

C. Charismatic leader

D. Visionary leader

What implies that errors, which could occur during journalizing and posting transactions, should be significant enough to affect the decision making process?

A. Actuality

B. Equity

C. Materiality

D. Mutuality

The percentage analysis of increases and decreases in related items in comparative financial statements is called:

A. Parallel analysis

B. Reciprocal analysis

C. Horizontal analysis

D. Vertical analysis

The most common inventory control system used for handling dependent demand inventory is called:

A. Dependent demand Inventory planning

B. Enterprise Inventory planning

C. Material requirements planning

D. Inventory factoring planning

Which of the following is NOT the category of Woodward's scale of technical complexity?

A. Small-batch and unit production

B. Large-batch and mass production

C. Continuous process production

D. Technological assembly production

The amount added can be calculated in same manner as safety stock, using this procedure to cover possible high side demand for each option is called:

A. go beyond option

B. option overlying

C. option overlapping

D. option intersecting

The contracts by which the holder of intellectual property will grant certain rights in that property to a foreign firm under specified conditions and for a specified time are known as:

A. Protecting Intellectual rights Agreements

B. International Intellectual franchising

C. International licensing agreements

D. None of the above

Greenmail, which is like blackmail, occurs when:

A. potential acquirer buys a block of stock in a company

B. the target company's management becomes frightened that the acquirer will make a tender offer and gain control of the company

C. head off a possible takeover, management offer to pay greenmail, buying the stock owned by the potential raider at a price above the existing market price

D. All of the above

The expenses incurred when a customer stops buying a product or service from one business and starts buying it from another are called:

A. Transferring costs

B. Switching costs

C. Change costs

D. Replacement costs