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CBM APBM Certified Business Manager Free Practice Exam Questions (2025 Updated)

Prepare effectively for your APBM CBM Certified Business Manager certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

Page: 4 / 6
Total 354 questions

Which account makes sure that the balance of payments actually balances?

A.

Equivalence account

B.

Net errors and omissions account

C.

Official reserves account

D.

Balance account

___________ includes the assignment of goals and tasks to be accomplished by employees.

A.

job design

B.

job rotation

C.

job plan

D.

job assignment

What is based on the presumption that it is determined by what a customer wants?

A.

Property

B.

Trait

C.

Superiority

D.

Quality

What limits the economic data in the accounting system to data related directly to the activities of the business?

A.

Business entity concept

B.

Business cost concept

C.

Business data concept

D.

Business line concept

Process of envisioning the organization’s future and developing the necessary procedures and operations to achieve that future is called:

A.

Foregoing planning

B.

Strategic planning

C.

Operational planning

D.

Organizational planning

The percentage analysis of increases and decreases in related items in comparative

financial statements is called:

A.

Parallel analysis

B.

Reciprocal analysis

C.

Horizontal analysis

D.

Vertical analysis

An extension of the humanistic perspective in which the successful resolution of organizational; problems is thought to depend on managers’ identification of key variations in the situation at hand is known as:

A.

Universal view

B.

Contingency view

C.

Case view

D.

Business view

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

A.

True

B.

False

What involves more trading monitoring of the portfolio and may be motivated by a philosophy that the investor can beat the market?

A.

Yield-spread investment strategy

B.

Passive investment strategy

C.

Active investment strategy

D.

None of the above

The recognition of the importance of operations to the firm’s success and the involvement of the operations managers in the organization’s strategic planning is known as:

A.

Organizational strategy

B.

Operations strategy

C.

Integrated-enterprise strategy

D.

Industry current strategy

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

What represents an opportunity for a company and its brands to directly target communications toward narrow, but highly desirable, audiences?

A.

strategic marketing

B.

sponsorship marketing

C.

target marketing

D.

advertising marketing

An organization’s mission describes what the organization stands for and its reason for existence is called:

A.

Source of motivation

B.

Legitimacy

C.

Rationale for decisions

D.

Standard of performance

Cash flow to creditors is computed from the interest paid minus net new borrowings and cash flow to owners is computed from the dividends paid minus net new equity.

A.

True

B.

False

What refers to the tools, techniques, machines, and actions used to transform organizational inputs into outputs?

A.

Technology

B.

Designs

C.

Structures

D.

Expertise

Basic characteristics that can be linked to enhanced performance by individuals or teams are called:

A.

Proficiencies

B.

Competencies

C.

Expertise

D.

Capabilities

The heart of the organization’s production of its product or service is:

A.

Centralized planning

B.

Control processes

C.

Technical core

D.

Structural design

Means used to anticipate and manage the supply of and demand for human resources is known as:

A.

HR development

B.

HR management

C.

HR strategies

D.

HR business decisions

The filing of the articles of incorporation is generally conclusive proof of proper incorporation in:

A.

Statutory approach

B.

Common Law approach

C.

Publicly-held approach

D.

Parent-subsidiary approach

The system which is designed to deny or at least delay the acquisition of strategically important goods by adversaries is called:

A.

Export-control system

B.

Export-licensing system

C.

Dual-use system

D.

None of the above

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Total 354 questions
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