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CMA-Strategic-Financial-Management Questions and Answers

Question # 1

On January 1, 2008 the exchange rate between the U S dollar (S) and Indian Rupee (Rs) was $t = Rs 39. 2676. On January 1, 2009 the rate was Rs 1 = $0,0205. Based only on the relative currency appreciation or depreciation, which country's exports would likely have increased?

A.

India

B.

U.S

C.

Neither India or U.S

D.

Both India and U.S

Question # 2

Your organization is considering implementing an Enterprise Risk Management process. You expect to obtain many benefits from this process. Which of the following is not an expected Benefit?

A.

Aligning risk appetite and strategy

B.

Eliminating risk response decisions

C.

Reducing operational surprises and losses

D.

Seizing opportunities.

Question # 3

An organization s sol of values and code or ethics is an important consideration in human resource decisions for each of the following reasons except

A.

employees not motivated to adhere to a set of values may impact relationships wan other entities doing Business e organization.

B.

failure to address the alignment or individual values and ethics with organizational expectations may have a negative impact on performance.

C.

lack of a communicated set of values may create confusion and conflict among employees

D.

an organization may not have a legal right to discharge a dishonest employee if such a code is not communicated

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