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APBM CBM - Certified Business Manager

Page: 7 / 11
Total 354 questions

The relationship between the volume of goods sold and inventory may be stated as inventory turnover.

A.

True

B.

False

What is measured as a percentage of total industry sales over a specified time period?

A.

Market share

B.

Research & development share

C.

Mind share

D.

Voice share

Which of the following is NOT the element of the Management Information System?

A.

Information-reporting system

B.

Decision-support system

C.

Executive information system

D.

Enterprise resource planning

A line graph in which data are plotted over time is known as:

A.

run chart

B.

flowchart

C.

streamline chart

D.

horizontal chart

A system that helps manage an organization’s data and information in multiple business functions is known as:

A.

Compound Resource Planning

B.

Manifold Management

C.

Enterprise Resource Planning

D.

Amalgam Resource Planning

The change in the relation of partners caused by any partner’s ceasing to be associated with the carrying on of the business is called:

A.

Dissolution

B.

Disbanding

C.

Conclusion

D.

Suspension

What provides a separate record for the cost of each quantity of product that passes through the factory?

A.

job order cost system

B.

factory labor cost system

C.

product manufacturing cost system

D.

None of the above

__________________ represents the average time it takes to collect credit accounts.

A.

Days sales outstanding

B.

Average sales outstanding

C.

Collection policy

D.

Accumulating time

What brought by a shareholder or a class of shareholders against the corporation based upon the ownership of shares?

A.

Direct suits

B.

Derivative suits

C.

Shareholder suits

D.

Capital suits

What assess effectiveness by observing the beginning of the process and evaluating whether the organization effectively obtains means necessary for high performance?

A.

Goal approach

B.

Internal process approach

C.

Resource-based approach

D.

Stakeholder approach