Explore Free AICPA CPA CPA-Business Practice Questions for Exam Mastery

Get a glimpse of the real CPA-Business certification exam challenges with our free AICPA CPA-Business practice test questions.

Question 1

Micro Manufacturers uses a performance reporting system that combines both financial and nonfinancial measures to evaluate division performance. All of the following measure operational efficiency, except:

Correct Answer: 1

D

Question 2

The selection of the denominator in the return on investment (ROI) formula is critical to the measure's effectiveness. Which denominator is criticized because it combines the effects of operating decisions made at one level of the organization with financing decisions made at another organization level?

Correct Answer: 2

D

Question 3

Of the following items, the one item that would not be considered in evaluating the adequacy of the budgeted annual operating income for a company is:

Correct Answer: 3

D

Question 4

Limitations of the information provided by total asset turnover include:

Correct Answer: 4

D

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