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Guide for ACMA Exam

Quiz ACMA Exam

10/500 Questions|Updated on 2024/11/20
Free Test
/ 10

Quiz

1/10
Business Economics
What is the primary focus of microeconomics in the context of business economics?
Select the answer
1 correct answer
A.
National income and inflation
B.
Individual consumer behavior and firm production decisions
C.
International trade and currency exchange
D.
Government policies and regulations

Quiz

2/10
Business Statistics and Quantitative Methods
What is the purpose of using a confidence interval in business statistics?
Select the answer
1 correct answer
A.
To determine the exact value of a population parameter
B.
To estimate a range within which a population parameter lies
C.
To compare two different populations
D.
To conduct hypothesis testing

Quiz

3/10
Corporate Governance and Ethics
Which of the following principles is NOT typically associated with corporate governance?
Select the answer
1 correct answer
A.
Accountability
B.
Transparency
C.
Profit maximization
D.
Fairness

Quiz

4/10
Financial Accounting
Which of the following accounts is classified as a current liability on the balance sheet?
Select the answer
1 correct answer
A.
Accounts Receivable
B.
Inventory
C.
Notes Payable
D.
Land

Quiz

5/10
Financial Management
What is the primary objective of financial management within an organization?
Select the answer
1 correct answer
A.
Maximizing employee satisfaction
B.
Minimizing operational costs
C.
Maximizing shareholder wealth
D.
Ensuring compliance with regulations

Quiz

6/10
Financial Reporting and Analysis
Which financial statement provides a snapshot of a company's assets, liabilities, and equity at a specific point in time?
Select the answer
1 correct answer
A.
Income Statement
B.
Cash Flow Statement
C.
Balance Sheet
D.
Statement of Changes in Equity

Quiz

7/10
Information Technology
Which of the following is a common programming language used for web development?
Select the answer
1 correct answer
A.
HTML
B.
SQL
C.
Python
D.
Java

Quiz

8/10
Management Accounting
Which of the following is a primary purpose of management accounting?
Select the answer
1 correct answer
A.
To prepare financial statements for external users
B.
To assist managers in planning and controlling operations
C.
To ensure compliance with tax regulations
D.
To facilitate investment decisions by external stakeholders

Quiz

9/10
Risk Management
What is the primary purpose of risk management in an organization?
Select the answer
1 correct answer
A.
To eliminate all potential risks
B.
To identify, assess, and prioritize risks
C.
To increase operational costs
D.
To avoid making decisions

Quiz

10/10
Strategic Management
What is the primary purpose of conducting a SWOT analysis in strategic management?
Select the answer
1 correct answer
A.
To assess financial performance
B.
To evaluate strengths, weaknesses, opportunities, and threats
C.
To develop marketing strategies
D.
To create employee training programs
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Info quiz:

  • Quiz name:ACMA Exam
  • Total number of questions:500
  • Number of questions for the test:60
  • Pass score:70%
  • Number of topics:10 Topics
Study topics:Number of questions:
  • Business Economics:50 Questions
  • Business Statistics and Quantitative Methods:50 Questions
  • Corporate Governance and Ethics:50 Questions
  • Financial Accounting:50 Questions
  • Financial Management:50 Questions
  • Financial Reporting and Analysis:50 Questions
  • Information Technology:50 Questions
  • Management Accounting:50 Questions
  • Risk Management:50 Questions
  • Strategic Management:50 Questions

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