2017年cma英文精选题库是怎样的,网站暂未更新,我们可以先参考一下历年的cma英文精选题库进行备考。随时关注高顿CMA官网,我们会在*9时间更新CMA考试资讯。
准备考CMA P2的小伙伴,不妨来练练这几道cma英文试题,虽说P2不像P1涉及大量的成本知识,但其知识体系也较为复杂。理清楚方向和思路,总有方法可以解决的!
准备考CMA P2的小伙伴,不妨来练练这几道cma英文试题,虽说P2不像P1涉及大量的成本知识,但其知识体系也较为复杂。理清楚方向和思路,总有方法可以解决的!

B.3.1.One reason that a financial manager may prefer to issue preferred stock rather than debt is because:
A.The cost of fixed debt is less expensive since it is tax-deductible even if a sinking fund is required to retire the debt
B.The preferred dividend is often cumulative,whereas interest payments are not
C.Payments to preferred stockholders are not considered fixed payments
D.In a legal sense,preferred stock is equity;therefore,dividend payments are not legal obligations
B.3.2.A company has recently purchased some stock of a competitor as part of a long-term plan to acquire the competitor.However,it is somewhat concerned that the market price of this stock could decrease over the short run.The company could hedge against the possible decline in the stock’s market price by
A.Purchasing a call option on that stock
B.Purchasing a put option on that stock
C.Selling a put option on that stock
D.Obtaining a warrant option on that stock
B.3.3.Which one of the following statements concerning debt instruments is correct?
A.The coupon rate and yield of an outstanding long-term bond will change over time as economic factors change.
B.A 25-year bond with a coupon rate of 9%and one year to maturity has more interest rate risk than a 10-year bond with a 9%coupon issued by the same firm with one year to maturity.
C.For long-term bonds,price sensitivity to a given change in interest rates is greater the longer the maturity of the bond.
D.A bond with one year to maturity would have more interest rate risk than a bond with 15 years to maturity.
B.3.4.Frasier Products has been growing at a rate of 10%per year and expects this growth to continue and produce earnings per share of$4.00 next year.The firm has a dividend payout ratio of 35%and a beta value of 1.25.If the risk-free rate is 7%and the return on the market is 15%,what is the expected current market value of Frasier’s common stock?
A.$14.00.
B.$16.00.
C.$20.00.
D.$28.00.
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CMA是美国注册管理会计师(Certified Management Accountant)的简称。是由美国管理会计师协会(IMA) 于1972年所推出的专业认证制度,作为对会计和财务专业人士的权威鉴定,CMA与美国注册会计师(USCPA)、金融特许分析师(CFA)一起并称为美国财会领域的国际三大黄金认证,在全球范围内均被企业所认可。不同于传统的财务会计,管理会计CMA其知识体系包含财务、管理、业务、市场等内容,着力培养懂财务、懂管理、懂业务的财务精英。
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